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UK Economic Data - Coronavirus: Economy faces 'frustratingly slow recovery' despite virus hit easing
A closely watched survey of business activity suggests the worst of the coronavirus decline may be over as the economy faces up to the deepest recession in living memory. The IHS Markit/CIPS flash ...
UK borrowing at record high as virus cost soars in April
It underlines the cost of coping with the coronavirus pandemic through jobs schemes and loans, and is double the forecast of many economists. The cost of furlough schemes had the largest impact, ...
UK economy in 'unprecedented downturn' as activity keeps falling - as it happened
Rolling coverage of the latest economic and financial news ...
UK economy outperforms in May but severe recession still on the way
The UK economy performed better than expected this month, but it remains in the grip of a severe recession, a business survey has showed. Coronavirus has caused the economy to tank over the past two ...
Economists rule out 'V-shaped' recovery after weak survey data
Many economists have said that any hopes of a swift V-shaped recovery from the coronavirus crash have all but faded after yet more dire economic data.