Coronavirus – The Latest: The plan to get Britain’s children back to school

Subscribe to our Coronavirus podcast with analysis of the impact on health, business and travel in the UK and beyond: https://www.playpodca.st/coronavirus Schools will open to all pupils from September, but what will the classroom look like? Can exams take place after so much disruption? And why have teaching unions been quick to criticise the government’s … Read more Coronavirus – The Latest: The plan to get Britain’s children back to school

EasyJet cuts 1,900 UK jobs and pulls out of Stansted, Southend and Newcastle

EasyJet is to end ground operations at Stansted Airport and slash almost 2,000 UK jobs as the budget carrier battles against a collapse in air travel. The FTSE 250 company is pushing the cuts through as part of plans to lay off nearly one in three of its 15,000 workers, following in the footsteps of … Read more EasyJet cuts 1,900 UK jobs and pulls out of Stansted, Southend and Newcastle

FTSE Russell CEO Expects Rebalancing to Be Orderly

Jun.19 — FTSE Russell Chief Executive Officer Waqas Samad discusses how markets should prepare for the surge in trading volumes as trillions of dollars benchmarked to Russell indexes adjust their weightings when the U.S. gauges rebalance members. He speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Taylor Riggs on “Bloomberg Markets: The Close.”

‘We’re in the worst recession of our lifetime’ says former Chancellor Ken Clarke

Former Chancellor Ken Clarke has said that the UK is in the “worst recession” of anyone’s lifetime. This comes after the UK recorded its worst monthly gross domestic product (GDP) fall on record as coronavirus damaged the economy. But the former chancellor says he does have “sympathy” for the situation Boris Johnson’s government find themselves … Read more ‘We’re in the worst recession of our lifetime’ says former Chancellor Ken Clarke

Rolls-Royce to cut 9,000 jobs in Covid-19 downturn

Rolls-Royce plans to axe at least 9,000 jobs – almost a fifth of its workforce – as it grapples with an “unprecedented” slump in demand caused by the coronavirus pandemic. Chief executive Warren East warned that most of the cuts could fall in the UK as it embarks on a “major reorganisation”. The FTSE 100 … Read more Rolls-Royce to cut 9,000 jobs in Covid-19 downturn

Bank of England Governor cautious over economic recovery following coronavirus recession

The Bank of England has warned coronavirus could see the economy plunge 14% this year in the worst annual fall for more than 300 years Governor Andrew Bailey discusses the ‘worst and best case scenarios’ as keeps rates and asset purchase target unchanged Keep up to date with the latest business developments with The Telegraph’s … Read more Bank of England Governor cautious over economic recovery following coronavirus recession

What damage is Covid-19 doing to the global economy?

The 16th of the March saw the biggest one day drop on the FTSE 100 and international markets since the financial crisis of 2008. At the centre of this crisis is Covid-19. But, is this the first time that a disease outbreak has caused so much damage to the economy, and how prepared is the … Read more What damage is Covid-19 doing to the global economy?

Rishi Sunak: Things could be ‘a lot worse’ Chancellor reacts to bleak OBR forecast

Chancellor Rishi Sunak says the OBR’s report is “just one potential scenario” but that coronavirus “will have a very significant impact on our economy… people should know there is hardship ahead” Read more on the OBR forecast in our Business live blog: https://www.telegraph.co.uk/business/2020/04/14/markets-live-latest-coronavirus-news-pound-euro-ftse-100/ Get the latest headlines: https://www.telegraph.co.uk/ Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The … Read more Rishi Sunak: Things could be ‘a lot worse’ Chancellor reacts to bleak OBR forecast

COVID-19 | For how long nations can keep up the spending?

Global market sentiment has declined ahead of the latest US jobless claims data that is expected to show a massive spike in unemployment claims after businesses stateside shut down in an attempt to slow the spread of coronavirus. Some experts suggest record unemployment numbers in the US, with Citi as the most bearish, projecting roughly … Read more COVID-19 | For how long nations can keep up the spending?

Trump hopes Americans will be working by ‘beautiful Easter’

Donald Trump said he wanted to get Americans back to work as the US Congress agreed to a stimulus bill worth almost $2 trillion. The FTSE 100 rose by more than 9 per cent on Tuesday, its second best day on record behind a bounce in November 2008, while the Dow Jones in America was … Read more Trump hopes Americans will be working by ‘beautiful Easter’

Mark Carney announces Bank of England emergency measures in bid to fight coronavirus

The Bank of England has announced an emergency interest rate cut and stimulus package to bolster the economy as it deals with the coronavirus outbreak. The Bank’s Monetary Policy Committee voted unanimously to cut rates by half a percentage point to a record low of 0.25pc Read more about Carney’s ‘big package’: https://www.telegraph.co.uk/business/2020/03/11/budget-2020-markets-bank-england-interest-rates-live-pound-ftse/?WT.mc_id=tmg_youtube_offsite_televideo&utm_source=tmgoff&utm_medium=tmg_youtube&utm_content=offsite_televideo&utm_campaign=tmg_youtube_offsite_televideo Get the … Read more Mark Carney announces Bank of England emergency measures in bid to fight coronavirus

Coronavirus: Italy Becomes World’s First Country to Attempt Nationwide Lockdown

#iorestoacasa #restiamoacasa #COVID2019 #ItaliaZonaRossa #10Marzo Italy has become the first country to attempt a nationwide lockdown to stop the spread of the highly infectious coronavirus. The death toll from the virus, which is on the cusp of turning into a pandemic, is edging toward 500. Italy’s prime minister has called this the country’s “darkest hour,” … Read more Coronavirus: Italy Becomes World’s First Country to Attempt Nationwide Lockdown

Will coronavirus cause a global recession?

After a day of carnage in global markets, the UK’s Sky News asked if coronavirus will spark a global recession: The FTSE 100 leading index of shares in London has closed the day down 7.7% – its biggest single-day fall since the 2008 financial crisis. The fall, which wiped £125bn off the value of its … Read more Will coronavirus cause a global recession?

Coronavirus: £130bn wiped off FTSE 100 in minutes

The FTSE 100 has seen more than £163bn wiped from the value of its constituent companies in a renewed coronavirus-linked sell-off. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews For more content go to http://news.sky.com and download … Read more Coronavirus: £130bn wiped off FTSE 100 in minutes

Coronavirus: Stock market suffers worst week since 2008 crash – BBC Newsnight

As stock markets across the world slide, Newsnight speaks to health minister Helen Whately about how the government is dealing with all sides of the coronavirus outbreak. Subscribe to our channel here: https://goo.gl/31Q53F Over £200 billion was wiped off the value of companies on the UK FTSE 100 in one of the worst weeks for … Read more Coronavirus: Stock market suffers worst week since 2008 crash – BBC Newsnight