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New Covid variant and looming Brexit disruption deepen UK economic gloom

Our latest snapshot of key economic indicators show retail sales falling, job losses soaring, GDP growth and stock market stalling

New Covid strain means short-term prospects for UK economy are bleak

Analysis: Tighter restrictions for longer will lead to slower growth and higher public borrowing

Rishi Sunak urged to match new UK Covid rules with more economic support

Business leaders say fresh restrictions could lead to further job losses without more help

Trickle-down economics is dead. It’s time to tax the rich harder

The revenue the Treasury sorely needs must be sought from the ever-increasing wealth in Britain’s boardrooms

Will there be runaway inflation next year? Not if wages don’t rise

The hawks are warning – once again – about the economy overheating. But a vaccine alone will not cause that

Scott Morrison’s economic humblebrag disproved by New Zealand comeback

New Zealand’s stonking growth brings to mind Scott Morrison’s claim Australia suppressed the virus without its neighbour’s crippling costs

Rishi Sunak extends UK furlough scheme by one month to end of April

Chancellor says extra time will help cushion economic blow, with budget set for 3 March

Bank of England keeps interest rates on hold at 0.1%

Rate-setting committee says rapid rise in Covid-19 infections will deliver bigger hit to UK economy than forecast

Peers call for universal credit boost to be made permanent

Committee says £20 a week increase should stay and ministers need to ‘wake up’ on unemployment

Extending the UK furlough alone isn’t enough to save UK plc in 2021

Amid a likely third wave of Covid-19 and a hard Brexit, a new package of employment and social support is needed fast

Our jobs and future depend on a deal, business warns Boris Johnson

From farming to travel, the car industry to academia, the pressure is building on the prime minister to reach an agreement

Any port in a perfect storm: UK container trade is grinding to a halt

In Southampton, delays to the UK retail supply chain may be a taste of what’s to come

Worst UK economic slump for 300 years not a good platform for Brexit talks

Analysis: it seems the worst possible moment for the PM to plunge Britain into a last-ditch battle with the EU

UK economy almost at a standstill before new Covid restrictions hit, ONS says

GDP grew just 0.4% in October with economy expected to contract again due to November lockdowns

UK economy will revive in 2021 but full recovery not likely until 2022, says CBI

Brexit uncertainty and business jitters caused by Covid lockdowns will delay investment rebound

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