Aug 12, 2020 | Current Affairs
The UK has entered a recession for the first time since 2009, with official statistics showing the largest economic decline on record. Data from the Office for National Statistics (ONS) show that between April and June 2020, GDP shrank by 20.4% compared with the first...
Aug 11, 2020 | Current Affairs
Employment fell by the largest amount in more than a decade between April and June 2020, according to the Office for National Statistics (ONS). The latest statistics show there were 32.92 million people aged 16 years and over in employment during the period - 220,000...
Aug 10, 2020 | Current Affairs
One in three employers in the UK are planning to make redundancies by the end of September 2020, according to a report. The Chartered Institute of Personnel and Development (CIPD) polled 2,009 employers and found 33% had planned to cut jobs in Q2 2020. In the private...
Aug 6, 2020 | Current Affairs
The UK's economic downturn caused by the COVID-19 pandemic will be less severe than initially feared, according to the Bank of England. The UK economy looks on course for a 9.5% decline this year, compared with May's forecast of a 14% annual contraction. This would...
Jul 30, 2020 | Current Affairs
UK Finance has issued ten coronavirus-related scams people should be wary of and how to spot them. The trade body said fraudsters are using "sophisticated methods to callously exploit people's financial concerns". The ten scams are split into three categories -...
