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Business news

COVID-19 puts economy into ‘significant recession’

14 May 20

GDP slumps 5.8% in March, and 2% in Q1 2020.

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Relief as furlough scheme extends to October

13 May 20

Chancellor praised for listening to concerns.

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Govt. clarifies guidance on returning to work

12 May 20

New guides for eight different lines of work.

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Businesses want clarity before returning to work

11 May 20

Plans to ease restrictions “need more detail”.

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UK economy ‘could shrink by 14%’ in 2020

07 May 20

Bank of England predicts biggest annual decline on record.

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