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UK economy to take at least two years to return to pre-COVID-19 level - Reuters poll

It will take more than two years for Britain's economy to recover to its pre-COVID-19 level, a Reuters poll found, but the Bank of England was still expected to keep rates steady until at least 2024 and to avoid negative borrowing costs.

United kingdomCity ofJames smithBen broadbentToby chopraTushar goenkaRicha rebelloMartin wederAndrew baileyBoris johnsonThomson reuters trust principlesBank rateBank febReuters pollMinister boris johnsonStefan koopman

Ian McConnell on Brexit: Keir Starmer U-turn dismal as Tories unable to run menodge

Sir Keir Starmer has signalled he would no longer seek to restore free movement between the UK and EU Picture: Stefan Rousseau/PA AS the Conservative Brexiters look increasingly foolish over their chaotic European Union departure, a volte-face by Labour leader Sir Keir Starmer on freedom of movement might have flown below the radar for many people. But his U-turn, while perhaps advantageous for Labour from a short-term perspective of pleasing those lapsed supporters who defected to the Tories at the last election because they loved Brexit and seemed to like the anti-immigration agenda, is nevertheless a huge disappointment. In grim times such as these, it is human nature to cast around for any kind of positives.

United kingdomNorthern irelandTheresa mayJohnson brexitStefan rousseauIan mcconnellDaniel hannanJeremy corbynDominic lipinskiAndrew baileyJames obrienBoris johnsonCabinet office michael goveLabour partySir keirTory brexit

Pound knocked by sour market mood, but set for weekly gain

Pound knocked by sour market mood, but set for weekly gain
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofNeil jonesAndrew baileyMizuho bankEngland governor andrew baileyFinancial timesஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்நீல் ஜோன்ஸ்ஆண்ட்ரூ பெய்லிமீஜுஹோ வங்கிஇங்கிலாந்து கவர்னர் ஆண்ட்ரூ பெய்லிநிதி முறை

Richard Drax column: Reason for optimism in this pandemic

The darkest hour is just before the dawn.

United kingdomCity ofOxford astrazenecaAndrew baileyMorgan stanleyGoldman sachsPrime ministerLord frostTrade secretaryProject fearEngland governor andrew baileyFinancial timesஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்ஆண்ட்ரூ பெய்லிமோர்கன் ஸ்டான்லி

British economy shrinks due to November lockdown

British economy shrinks due to November lockdown GLOOMY SKIES: While the 2.6 percent monthly decline was smaller than expected, analysts said the UK was still likely to see a double-dip recession Reuters The UK economy shrank in November for the first time since the initial COVID-19 lockdown last spring, hit by a tightening of social-distancing rules. The 2.6 percent monthly decline was much smaller than most analysts expected a Reuters poll had pointed to a 5.7 percent contraction but several economists said the nation was still likely to suffer a double-dip recession. The British economy, which shrank more sharply than any other major advanced economy in the first half of last year, is now 8.5 percent smaller than it was before the start of the COVID-19 pandemic in February.

United kingdomAndrew baileyBen broadbentUnited kingdom office for national statisticsExchequer rishi sunakSuren thiruUnited kingdom officeNational statisticsEngland governor andrew baileyEngland deputy governor ben broadbentThe taipei timesஒன்றுபட்டது கிஂக்டம்ஆண்ட்ரூ பெய்லிபென் பரந்தஒன்றுபட்டது கிஂக்டம் அலுவலகம் க்கு தேசிய புள்ளிவிவரங்கள்கருவூலம் ரிஷி சுனக்