UK fintech funding drops 39% in H1 2020: Research
It is reported that the UK economy is not expected to hit a full recovery for the next few years...
Tag : uk economy
BoE expects slower economy on the back of protracted pandemic
In May, the Bank of England had anticipated the country to get back to its pre-crisis size during the second half of 2021...
UK economy sees largest quarterly fall since 1979
GDP dropped by a quarterly 2.2% between January and March...
BoE announces new £100 bn stimulus package for the UK
Threadneedle Street’s nine-member monetary policy committee has raised concerns that jobs could be more intense in retailing and hospitality...
UK economy to shrink by 8% in 2020: Reports
Official figures showed Britain’s economy shrank by a record 20.4% in April...
UK to witness a £300bn budget deficit in the current financial year
Government borrowing is equivalent to more than 15% of economic output...
UK banks demonstrate financial strength to cope with Covid-19: BOE
The central bank observed that the UK is facing its harshest recession in 300 years...
IHS Markit: UK economy set for a 7% quarterly contraction
The information provider company expects the actual decline in GDP to be even greater...
2020: Recession proof your business
It is hard to predict a recession and its outcome, but nevertheless businesses can be prepared for it...