Coronavirus economic impact | Financial Times
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January 21 2021
Coronavirus pandemic
Coronavirus latest: Florida to crack down on ‘vaccine tourism’
2 hours ago
January 21 2021
Businesses miss out on Covid cash after UK sticks to EU state-aid rules
Companies angry at being locked out of £4.6bn grant scheme because they have already passed agreed cap on support
3 hours ago
January 21 2021
News in-depth
UK business & economy
Sunak tells Tory MPs there is no ‘magic money tree’
UK chancellor ready to raise taxes in his March Budget to start closing the huge deficit
4 hours ago
January 21 2021
Airbus SE
Airbus to raise production more slowly as pandemic bites
Aerospace manufacturer to take ‘lower for longer’ approach to increasing rate of output
January 21 2021
Spain
Madrid resists regions’ calls for more powers
Demand for changes in law to allow lockdowns comes as infection rates surge
January 21 2021
US politics & policy
House Democrats ‘ready’ for quick vote on $1.9tn stimulus
Coronavirus relief package proposed by Joe Biden faces significant obstacles in Senate
January 21 2021
European Central Bank
ECB details bond-buying shift as it holds rates and stimulus steady
Resurgence of virus threatens to plunge eurozone into double-dip downturn
January 21 2021
UK business & economy
UK consumer spending falls sharply as lockdown bites
Experimental data set points to much sharper decline than during Covid restrictions in November
January 21 2021
Chris Giles
Mystery of the UK’s vanishing foreign-born workers
Official statistics fail to capture the departure of eastern Europeans
Promoted Content
January 21 2021
US employment
New US jobless claims decline slightly to 900,000
Pace of lay-offs remains very high as Covid-19 surge and restrictions weigh on economy
January 21 2021
News in-depth
Coronavirus pandemic
Wales struggles to tackle Covid surge as public confidence slumps
Popularity of first minister plummets following rise in cases and missteps over vaccination programme
January 21 2021
Esan Swan
Black Americans like me expect Joe Biden to deliver
It’s too late to return to old-style Democratic policies. We expect a radical break
January 21 2021
Norwegian Air Shuttle ASA
Norwegian’s latest rescue plan receives government support
Oslo coalition ‘positive’ about low-cost airline’s proposal to end long-haul flights and refocus on Nordic region
January 21 2021
Due Diligence
Wall Street banks: winners and losers from 2020
Premium
Q4 earnings drew a line between the haves and the have-nots in a year unlike any other for investment bankers
January 20 2021
United Airlines
United promises more cost cuts as cash burn rises
US carrier went through $33m a day in the fourth quarter
January 20 2021
Coronavirus Business Update
Investors bank on Biden in fight against pandemic
New US president revamps strategy and proposes new stimulus package
January 20 2021
Pound Sterling
Pound hits 8-month high against euro on UK economy hopes
Inflation figures and speedy vaccine rollout expected to reduce pressure on BoE to cut rates
January 20 2021
UK house prices
UK property prices rise at fastest rate since 2016
Lifestyle shifts and government measures boost market despite economic slowdown
January 20 2021
Coronavirus pandemic
Coronavirus: Saga tells cruise passengers to vaccinate before travel – as it happened
January 20 2021
Procter & Gamble Co
P&G raises annual forecasts on pandemic cleaning boom
Group predicts the hygiene conscious will continue to spend after vaccine rollout
January 20 2021
IWG PLC
IWG to close more offices as virus resurges
World’s largest flexible office company takes another £160m hit to cover pandemic costs
January 20 2021
Burberry Group PLC
Burberry posts 9% sales drop despite Asia growth
Luxury goods group says move to reduce discounts and trading restrictions hit revenues
January 20 2021
UK inflation
UK inflation bounces back as prices of transport and clothing rise
Cost of consumer goods rose by 0.6% in December, up from 0.3% the previous month
January 20 2021
Due Diligence
Private equity: everyone’s a winner, baby
Premium
The industry’s hottest trend: buying their own portfolio companies
January 20 2021
Investments
UK dividends set to remain depressed in 2021, says report
Earnings fell to £61bn last year, the lowest for nine years
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