GDP
Goldman Sachs executive Beth Hammack named next president of Cleveland Fed
Expert on financial markets will be a voting FOMC member this year
El-Erian: Crises of growth, energy, food and debt all at once is a nightmare scenario
Minor headwinds could combine to threaten the world economy
4 min read
Four indicators tracking the UK’s return to work this summer
The UK is getting back to the office, having dinner in restaurants and jetting off abroad after Covid
6 min read
UK economy grows at fastest rate since last July
GDP boosted by shoppers returning to British high streets en masse
3 min read
UK economy set for 1% boost from vaccine rollout, Deutsche Bank predicts
Increased government spending on vaccines could 'soften the blow' of lockdown on the UK's economic output
2 min read
UK reports worst slump since 1709 with record 9.9% contraction for 2020
The UK economy grew 1% in the final quarter of 2020
2 min read
UK economy contracted by 2.6% in November
The decrease came as England was placed back under a second lockdown
1 min read
Goldman Sachs says Covid-battered cities will ‘largely return to normal’ in 2021
The bank expects a spending boom, which it says will spur a 6% surge in the US economy next year
2 min read
UK borrowing nears £2.1tn in October
UK’s total debt pile now stands at £2.09tn as of the end of October, at a ratio of 100.8% of GDP, which is the highest since the early 1960s
GDP jumped record 15% in the third quarter after easing of lockdown
The economy was helped by the Eat Out to Help Out scheme during the summer
Government should increase stimulus to aid UK’s economic recovery, says OECD
Low interest rates mean there is more room for fiscal stimulus and tax rises can wait
UK tax hikes to hit £40bn a year, warn IFS and Citi in gloomy forecast
A thin trade deal with the EU will likely leave the UK economy around 2% smaller in 2021, warns IFS
3 min read
Government readies three-tier lockdown in England as Deutsche Bank warns of economic hit
Even a two-week hospitality shutdown would reduce UK's monthly GDP by 1%, Raja says
2 min read
JPMorgan calls previous outlook for soaring global debt pile by year-end ‘conservative’
The bank had previously said globally, the debt-to-GDP ratio of private debt — meaning from households and non-financial companies — would increase from about 155% at the end of 2019 to 173% by the end of 2020
2 min read