Britain’s economy sinks into deep-freeze as output plummets

The huge impact of the Covid-19 pandemic on Britain’s economy is starting to emerge, fresh data revealed today.   With the services and manufacturing sectors thrown into deep freeze, output in both sectors has fallen off a cliff.  The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers’ Index fell to a new record low of 12.9 – … Read more

Genedrive skyrockets after claiming it can ‘quickly’ ramp up coronavirus testing kit output

Genedrive shot up more than 150 per cent this week after it said it could ‘quickly’ ramp up production of its coronavirus test. The diagnostics firm has been discussing with suppliers its plans to increase output to 10,000 new kits per hour. This would make the product ‘a material revenue generator for the company and … Read more

Factory output and sales of commercial properties soar

More signs of a ‘Boris bounce’, as factory output and sales of commercial properties soar By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 February 2020 | Updated: 23:06 GMT, 21 February 2020 Boris Johnson’s election win appears to have boosted factory output and sales of commercial properties   The economy has shown more … Read more

Japan teetering on brink of recession after output shrinks at fastest pace for nearly six years

Japan teetering on brink of recession after output shrinks at fastest pace for nearly six years By Daily Mail City & Finance Reporter Published: 21:50 GMT, 17 February 2020 | Updated: 21:50 GMT, 17 February 2020 Japan is teetering on the brink of recession after output shrank at the fastest pace for nearly six years. … Read more

Election jitters sent economy into reverse: Output fell 3% in November

Election jitters sent economy into reverse: Output fell 3% in November, latest figures show By Lucy White For The Daily Mail Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The economy slammed into reverse ahead of the General Election as political uncertainty hammered business. Output fell by 0.3 per cent … Read more