Search result for Economy of UK
BANK OF ENGLAND ANNOUNCES A NEW STIMULUS PACKAGE
Highlights
- It is an attempt to help the United Kingdom economy
- It is severely affected by the coronavirus pandemic
COVID – 19 pandemic has adversely affected the United Kingdom's economy. The Bank of England has announced a...
FORECAST: BRITISH ECONOMY TO SHRINK BY 8% THIS YEAR
Highlights
- Britain’s economy in April shrank by 20.4%
- Unemployment is a key concern
According to a leading economic forecaster, the British economy will shrink by 8% in 2020. The damage caused by the coro...
ONS OFFICE: THE U.K. OBSERVES THE BIGGEST MONTHLY FALL IN GDP ON RECORD
Highlights
- Compared to the previous month, the GDP fell by 20.4%
- Q1 GDP figures highlight the damage caused by the lockdown
According to the Office for National Statistics, in April, the U.K. observes the biggest monthly fall in GDP ...
BRITAIN’S ECONOMY WILL GRADUALLY BOUNCE BACK FROM COVID – 19 CRISIS
Highlights
- April was probably the bottom of the crash
- The Britain government is gradually easing out the lockdown restrictions
The head of the country’s budget forecasting office said on Sunday that Britain’s economy is u...
UK ECONOMY OBSERVES IMPACTS OF CORONAVIRUS OUTBREAK
Highlights
- Fears of cash flows are rising
- MSCI’s All-Country World Index plunged by 12.4% last week
Financial markets face another volatile week. It was on account of the escalating coronavirus crisis. It...
UK GOVERNMENT WEIGHS THE IMPACT OF SCHOOL CLOSURES ON GDP
Highlights
- Four weeks of school closures could cut 3% from the UK’s GDP,
- It could cost the economy billions of pounds
According to research being considered by the government, school closures lasting four weeks could cut ...