Tax hikes will ‘choke off’ recovery as Britain braces for record-breaking recession
THE BANK OF ENGLAND’S Governor has suggested that tax hikes will only harm the UK’s recovery from the coronavirus pandemic. Daily Express :: Finance Feed
‘Worst to come!’ Terrifying warning as UK economy heads for biggest recession in 300 years
THE UK economy is heading for disaster after the Bank of England warned the coronavirus crisis will send it crashing to its biggest recession in more than 300 years, but financial experts have chillingly warned: “The worst is yet to come.” Daily Express :: Finance Feed
UK economy in MAJOR crisis as millions face redundancy in worst recession for ‘centuries’
BRITAIN’S economy is suffering its worst slump in “possibly several centuries” as one in four companies go out of business and unemployment is set to rise by five million to record levels, as a result of the coronavirus pandemic. Daily Express :: News Feed
UK economy could crash by 25 percent as country heads for biggest recession in a CENTURY
THE UK economy could crash by 25 percent over the coming months as the disastrous impact from huge coronavirus spending kicks in, experts have warned, with the country at risk of tumbling towards its deepest recession in more than 100 years. Daily Express :: Finance Feed
Fears of global recession as China puts 400 million into quarantine over coronavirus fears
THERE ARE fears disruption caused by the coronavirus could spark a global recession due to disruption to the Chinese economy. Daily Express :: World Feed
Fears of global recession as China puts 400 million into quarantine over coronavirus fears
THERE ARE fears disruption caused by the coronavirus could spark a global recession due to disruption to the Chinese economy. Daily Express :: News Feed
Pound euro exchange rate: GBP/EUR rises as July’s UK growth figure tames Brexit recession
The pound euro exchange rate rose by 0.5 percent today, with the pairing trading around €1.119 after July’s UK growth figure beat expectations and rose from 0 percent to 0.3 percent, a notable improvement on June’s stagnation. The result provided uplift for the GBP/EUR exchange rate as improving growth tempered Brexit recession fears. Daily Express […]
Pound Euro exchange rate: GBP/EUR falls despite German “nightmare” recession fears
THIS afternoon, the pound slumped against the euro with the pair currently trading at around €1.114. Daily Express :: Finance Feed
Pound Euro exchange rate: GBP/EUR edges higher despite risk of UK recession
This afternoon saw the pound rise against the euro, with the pairing currently trading at around €1.106. Parliament reconvened on Tuesday, triggering a week of political chaos and market uncertainty. Daily Express :: Finance Feed
Pound euro exchange rate eases as Bank of England warns of a no-deal Brexit recession
The pound euro exchange rate dipped this morning, leaving the pair fluctuating around €1.092 after yesterday’s warning from the Bank of England about a possible no-deal Brexit recession in October. BoE Governor Mark Carney said yesterday that leaving the EU without a deal would bring an “instant shock” to the British economy, and could potentially […]