The Office of National Statistics (ONS) published the UK GDP growth figures for the first three months of the year. Unsurprisingly the economy contracted by -2% driven down by a record fall of in activity in late March when the…
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The Treasury has assessed the full cost to the Exchequer of the Coronavirus crisis as being around £300bn this year. The recent report forecasts a deficit of £337bn far higher than previously estimated by analysts. The Chancellors Budget in March…
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As US policymakers weigh the next stage of stimulus to bolster their faltering economy, Federal Reserve chairman Jerome Powell has warned that the economic path ahead is still highly uncertain with significant downside risks. To avoid a prolonged recession and…
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New modelling from Public Health England and Cambridge University has indicated that the R reproduction rate has fallen to 0.4% in London while the average across England is 0.75. The daily rate of infection in London has fallen from 213,000…
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The 75th Anniversary of when WW2 ended in Europe gives us all an opportunity to reflect upon the past and to look forward as they did in 1945, to better days ahead. Just like then, we are facing an uncertain…
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It was encouraging to hear the news last week, that US-China Phase Two negotiations will be restarting. Negotiations last year were decidedly bumpy, and we should expect a similar passage in this round of talks. Donald Trump’s recent comments suggesting…
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Last Tuesday, the German Constitutional Court, ruled that the German government had failed to hold the European Central Bank (ECB) to account for some of its asset purchase programs, that are intended to support the EU’s economy across the void…
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The British people have reduced the impact of Covid-19 through a great act of social discipline but our discipline now looks to be starting to fray. More people are travelling or starting back to work. Maintaining the lockdown when we…
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Last week saw a number of significant economic results for Q1 being published. Several major companies released their results as did government agencies publish their GDP figures. The big tech companies such as Microsoft, Google, Facebook and Amazon all recorded…
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