Economy news

• US sanctions ‘likely’ to hit Huawei’s 5G position in UK, says minister

  30-06-2020 20:40 via ft.com
  Britain is reviewing whether to retain Chinese company as a supplier for mobile networks
  
  Read more

• The great interruption continues

  30-06-2020 18:52 via ft.com
  Leaders should now be asking how we create the strongest feasible recovery
  
  Read more

• Barnier rejects UK bid to preserve City’s rights via trade deal

  30-06-2020 18:03 via ft.com
  EU chief negotiator’s comments reflect how tension over financial services affecting talks on future relationship
  
  Read more

• UK on track for V-shaped recovery, says Bank of England economist

  30-06-2020 17:34 via bbc.co.uk
  
  But the Bank of England's Andy Haldane also says the country risks 1980s-style levels of unemployment.
  
  Read more

• Advertisement

• Andy Haldane signals inflation fears as he hails rapid UK recovery

  30-06-2020 16:31 via ft.com
  Bank of England’s chief economist says economy is bouncing back much faster than it had expected
  
  Read more

• Africa faces worst economic shock since 1970s, says IMF chief

  30-06-2020 16:29 via ft.com
  Georgieva calls for international solidarity to help region that was ‘on the move’ before coronavirus struck
  
  Read more

• Coronavirus threatens to wipe out gender equality gains, UN agency warns

  30-06-2020 15:56 via ft.com
  International Labour Organization says women are at greater risk of losing their jobs
  
  Read more

• Is Europe’s recovery set to mirror China’s?

  30-06-2020 14:39 via ftalphaville.ft.com
  Buoyed by state support, consumers could provide more of a lift. But with global demand weak, production looks set for a slower return to form.
  
  Read more

• Advertisement

• South Africa’s recession worsened before pandemic hit

  30-06-2020 14:29 via ft.com
  GDP contraction of 2 per cent in first quarter likely to be followed by further fall
  
  Read more

• Coronavirus: UK economy hit by worst contraction in 41 years

  30-06-2020 13:36 via bbc.co.uk
  
  The economy contracted by more than first estimated between January and March, revised figures show.
  
  Read more

• Fishing abuses put spotlight on WTO failure over subsidies

  30-06-2020 13:15 via ft.com
  Allegations of continued environmental plunder and human rights violations hound fishing industry
  
  Read more

• Coronavirus: People saving more but get little in return

  30-06-2020 12:54 via bbc.co.uk
  
  Many UK households have saved more money this year, just as interest rates have slumped.
  
  Read more

• Coronavirus: Boris Johnson pledges 'new deal' to build post-virus

  30-06-2020 12:11 via bbc.co.uk
  
  Boris Johnson sets out plans to accelerate £5bn of spending to help the country out of the pandemic.
  
  Read more

• How public assets can help revive Lebanon

  30-06-2020 10:29 via ftalphaville.ft.com
  Might the formation of national wealth funds for the purpose of managing public assets help countries like Lebanon address debt imbalances?
  
  Read more

• UK economy contracts more than initially estimated in first quarter

  30-06-2020 08:50 via ft.com
  Output fall of 2 .2 per cent in three months to March is the largest quarterly drop since 1979
  
  Read more

• Delhi’s retaliatory strike at Chinese coffers threatens to backfire

  30-06-2020 06:00 via ft.com
  Economic war follows border bloodshed but India’s reliance on imports make that a risky strategy
  
  Read more

• What happens when asset prices are in the grip of central banks?

  30-06-2020 05:00 via ft.com
  Markets contemplate financial repression of the kind operated by the Fed around WW2
  
  Read more

• Towering debts are a big threat, even if servicing costs are low

  30-06-2020 05:00 via ft.com
  Investors believe central banks will control asset prices for the foreseeable future
  
  Read more

• ‘Trump political base hit hardest by coronavirus'

  30-06-2020 01:02 via bbc.co.uk
  
  Covid-19 has hit President Trump's political base the hardest, says White House economic adviser.
  
  Read more

• US bars defence exports to Hong Kong as it revokes special status

  30-06-2020 00:57 via ft.com
  Washington tightens restrictions on Asian financial hub in response to China’s security law
  
  Read more

• US bars arms exports to Hong Kong as it revokes special status

  30-06-2020 00:57 via ft.com
  Washington tightens restrictions on Asian financial hub in response to China’s security law
  
  Read more

Follow @economyUKnws on Twitter!