Global economy & markets
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UK chancellor's review sets out government spending plans
The UK government published its Spending Review 2020, alongside forecasts for the economy made by the Office for Budget Responsibility.
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CIMA makes recommendations to UK government on post-pandemic recovery
A longer-term economic plan is needed to pay back the costs of the pandemic and drive productivity, the Institute said in its government submission.
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Video: Another bitcoin bubble? Backers hope this time is different
With bitcoin surging almost to its 2017 all-time high, backers are hoping fewer retail investors means less chance of a crash this time around.
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Video: Vaccine news boosts easyJet bookings
EasyJet's bookings jumped by 50% on news about a coronavirus vaccine — a respite from the airline’s $1.68 billion annual loss caused by the pandemic.
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Video: Portugal's shoemakers swap heels for masks
Manufacturers in Portugal's footwear industry are having to adapt to survive lockdowns, from marketing more comfy designs to focusing on healthcare.
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UK issues equivalence decisions and sets out green finance measures
The UK government issued a set of equivalence decisions across several financial services areas for firms from EU and European Economic Area states and set out finance initiatives for greening the economy.
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UK chancellor extends furlough scheme to end of March
The Coronavirus Job Retention Scheme will continue until 31 March with a January review on whether employers should contribute more.
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Government offers furlough scheme extension for UK lockdown
The furlough scheme is to be extended to 2 December and aid for self-employed workers is increased.
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Video: Australian winemakers toast to wine boom at home
Amid lower China sales, and COVID-19 restaurant shutdowns, Australia’s winemakers are turning to a traditional revenue source: the cellar door.
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UK chancellor unveils further business support package
The UK’s hospitality sector is set to benefit from targeted elements of additional government financial support.
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