Author: The Guardian

IMF estimates global Covid cost at $28tn in lost output

World economic outlook says 2020 impact is less than thought but there will be deep scarsThe International Monetary Fund has scaled back its estimate of the hit to the global economy from Covid-19 this year but warned that the...

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UK unemployment rate jumps to 4.5% as Covid-19 jobless crisis deepens – business live

Rolling coverage of the latest economic and financial news, as UK unemployment hits a three-year high.. with worse to comeFull story: Record rise in redundancies in last quarterIntro: UK jobless rate hits 4.5% in June-August...

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