Budget will ease coronavirus damage to economy, says Chancellor Rishi Sunak

Rishi Sunak (pictured in Downing St last month) warned that UK plc is set for a ‘shock’ as the killer disease spreads around the globe The Budget will stop coronavirus wreaking permanent damage to the economy and give the NHS ‘whatever it needs’, the Chancellor vowed today. Rishi Sunak warned that UK plc is set … Read more

Chancellor Rishi Sunak vows to protect the economy from coronavirus

Chancellor Rishi Sunak vows to protect the economy from coronavirus with support for businesses in case employees fall sick Rishi Sunak suggested his financial plan would now focus on ‘economic security’ He added that he was ‘not daunted’ by the challenge of protecting UK’s finances Said the country is ‘well prepared’ and would ’emerge on the … Read more

HAMISH MCRAE: The coronavirus is a tough test for the global economy… but we’re resilient 

HAMISH MCRAE: The coronavirus is a tough test for the global economy… but we’re resilient By Hamish Mcrae For The Mail On Sunday Published: 22:16 GMT, 29 February 2020 | Updated: 22:16 GMT, 29 February 2020 Bang. Something had to trigger the next global economic downturn, but we did not know what it would be. … Read more

Coronavirus hits world economy as Chinese manufacturing sector plunges further than expected

There are emerging fears that the coronavirus outbreak could spark a global economic crisis after China’s manufacturing sector plunged further than expected this month.    An official survey showing the plunge added to mounting evidence of the vast cost of the disease that emerged in central China in December.  The monthly purchasing managers’ index (PMI) issued … Read more

Hong Kong gives £1,000 to every adult resident – around seven million people – to boost its economy 

Hong Kong will give £1,000 to every adult resident – around seven million people – to boost its economy Financial secretary Paul Chan announced the plan in the government’s budget The economy has suffered amid pro-democracy protests and coronavirus fears Chan announced the budget as democracy campaigners protested outside    By James Mills for MailOnline … Read more

Italy’s coronavirus epidemic pounds economy as $1 TRILLION is wiped off world stock markets

Italy’s coronavirus epidemic pounds economy as $1 TRILLION is wiped off the value of world stock markets over outbreak fears Infection fears from investors shaved 5.4 per cent off the Milan stock exchange  Financial and industrial heartlands of Lombardy and Veneto are worst-affected More than $1 trillion was wiped off the value of world’s stock … Read more

Can Air New Zealand make a 24-hour flight bearable? Flying premium economy from London to Auckland

It said ‘premium economy’ on my ticket, but frankly it felt more like business class. I was flying with Air New Zealand from London to Auckland and from the get-go it was plain to see why the airline’s premium economy cabin has frequently nabbed the top spot at the Skytrax World Airline Awards. It slipped … Read more

Inside British Airways’ £4.4k A380 FIRST CLASS suite then flying back in ECONOMY

The Queen has her throne. Trump has his Oval Office chair. I have seat 2A in first class on a British Airways A380. Yes, it feels that epic. And so it should. This is, after all, BA’s top offering. The biggest and poshest suite in its fleet. Before sitting down in it on a flight … Read more

Coronavirus wipes more than £200bn off the global economy

Coronavirus wipes more than £200bn off the global economy: World set for weakest growth since financial crisis, experts warn By Lucy White For The Daily Mail Published: 21:51 BST, 10 February 2020 | Updated: 21:51 BST, 10 February 2020 The global economy faces its worst quarter since the financial crisis as the coronavirus wipes more … Read more