COVID-19 cases are skyrocketing in India amid overcrowding and complacency as a million converge for a Hindu festival. A full opening of the economy from last year’s crippling lockdown, coupled…
THE UK economy shrank by 2.9% in January after taking a hit due to the third national lockdown, according to official figures. But the fall wasn’t as bad as the…
The Chancellor has told Sky News that the economy has suffered an “enormous shock”. It comes after new figures revealed the UK suffered its deepest annual slump since the Great…
The Bank of England has predicted that the economy will “recover rapidly” as it left interest rates on hold at 0.1%. The Budget next month will be key as cases…
BRITS are set to be walloped with tax rises to pay for the Covid-shaped hole in the accounts, a top economist warned last night. Paul Johnson, head of the Institute…
PRESIDENT-ELECT Joe Biden on Thursday night unveiled a $1.9trillion Covid-19 rescue plan to speed up the country’s response to the pandemic and boost the economy. The package includes $415billion to…
Professor Devi Sridhar says COVID-19 must be treated using a SARS model, instead of the flu model which is used for seasonal viruses. She added that the UK must keep…
HARD to imagine maybe, but one day we might look back on Covid as a historic blip – like the Great Fire of London. Which, financially, it is. If the…
The economy is forecasted to contract by 11.3%, which would make 2020 the worst economic year since the Great Frost of 1709. Here, Sky News’ economic editor Ed Conway explains…
The governor of the Bank of England has told Sky News the economy is facing a “historically unprecedented” hit this year, just hours after announcing another £150bn stimulus package. Andrew…