Wednesday , July 8 2020

Tag Archives: economic

Brexit POLL: Should meddling eurocrats still be making economic forecasts about UK? VOTE | UK | News

The European Commission’s summer forecast predicts Britain will plunge into a deeper recession before showing signs of a rebound as coronavirus lockdown restrictions are lifted across the country. The shock forecast warned GDP would slump -9.7 percent. Ahead of a dinner between EU’s chief Brexit negotiator Michel Barnier and David …

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Sturgeon’s economic catastrophe: Scottish businesses have WORST confidence in whole of UK | City & Business | Finance

The latest Business Barometer, which surveyed 1,200 businesses, from the Bank of Scotland, showed that companies in Scotland felt less confident than other nations. When asked about the impact of COVID-19, more than one third of businesses said they expected to be operating at more than 50 percent capacity by the …

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FTSE 100 LIVE: Global stocks extend gains on economic recovery hopes despite US recession | City & Business | Finance

Markets have been particularly encouraged by a May US jobs report last week that showed a surprise fall in the unemployment rate, sending Wall Street indices surging with the Nasdaq .IXIC hitting a record close on Monday. Global financial markets were battered in March as investors fretted over extent of …

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FTSE 100 LIVE: London stocks expected to drop today despite hopes of economic recovery | City & Business | Finance

Japan’s Topix index rose 0.5 percent this morning, while Hong Kong’s Hang Seng added 0.6 percent. China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks increased 0.9 per cent. However, Australia’s stock market was closed for a public holiday. The FT reported that global stocks were given a boost as …

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