Rishi Sunak ‘deeply troubled’ by OBR warning of 35% fall in UK GDP

UK chancellor says way to bounce back from coronavirus crisis is to reboot growth across regions

Over 100 MPs and peers in call to back creative industries in lockdown

Letter to government warns of impact of coronavirus on workers and their families

IMF has no experience of recession arriving with such ferocity

Recovery will take some time as countries will exit Covid-19 lockdown only gradually

‘Great Lockdown’ to rival Great Depression with 3% hit to global economy, says IMF

Latest World Economic Outlook describes shock of coronavirus pandemic as ‘like no other’

The choices we make about coronavirus are way more complex than ‘lives v the economy’

Any debate about easing the lockdown cannot be boiled down to a fight between the left and right, says Guardian columnist Zoe Williams

Coronavirus UK: call to scrap ‘triple lock’ on pensions after crisis

All generations should have to help pay for massive economic cost, says thinktank

Don’t be fooled: Britain’s coronavirus bailout will make the rich richer still

The government schemes protect asset owners, while the bulk of the costs will eventually be borne by ordinary people, says researcher Christine Berry

Rishi Sunak’s dilemma over how to pay for his coronavirus spending

His options are to reimpose austerity, follow the post-war approach or use monetary finance

There’s danger in dreaming that there is a quick and easy escape from lockdown

At the time of the February cabinet reshuffle, eight weeks and an eternity ago, I was talking to a senior Tory about the power structure of the government. He remarked: “Boris is not primus inter pares. He is first without … Continue reading →

The Observer view on the coronavirus crisis: the toll that is a warning to us all

Torn between saving lives and rebuilding the economy, the government is sending out dangerously mixed messages

The EU’s new coronavirus relief deal is a gift to Europe’s enemies

Ignore the headlines about €500bn to rescue Europe. Refusing to share debt across the eurozone threatens the union’s future, says Yanis Varoufakis, co-founder of the Democracy in Europe Movement

UK lockdown could end ‘with sector-by-sector plan’ for firms

Industries like manufacturing could return to normal before entertainment companies, according to Whitehall sources

The Guardian view on the Covid-19 fight: it can be paid for

Editorial: The Bank of England is right to step in to fund the Treasury’s coronavirus stimulus package, because there are more important things to worry about than government debt

We used to moan about normal life, now our fear is we’ll never get it back

The economy was flatlining before the coronavirus outbreak and now we are nearing the moment of maximum danger, says Guardian columnist Gaby Hinsliff

Blindsided: how coronavirus felled the global economy in 100 days

A singular event has economists asking the same questions as everyone else: how far is there to fall – and can we ever get back?