福利网站The Bank of England increased its bond-buying programme by 100 billion pounds on Thursday as it sought to help steer the economy away from a record slump in March and April caused by the coronavirus lockdown.
One in twenty private-sector employees in Britain returned to work from furlough in the past two weeks, according to official figures on Thursday that suggest a gradual reopening of the economy is underway.
福利网站Haircuts, holidays and a pint at the pub remain off limits but prices for takeaway coffees, muffins and fitness classes have returned to Britain's inflation data, giving a picture of how the coronavirus lockdown is easing.
福利网站British inflation fell to its lowest since June 2016 last month as the coronavirus pandemic sucked demand from the global economy and oil prices tumbled, leaving the Bank of England free to ramp up its stimulus programme again.
福利网站British banks need to accelerate preparations for dealing with businesses unable to repay money they borrowed to cope with the coronavirus pandemic, the national financial sector regulator said on Tuesday.
The number of people on British employers' payrolls fell by more than 600,000 in April and May as the coronavirus lockdown hit the labour market, and vacancies plunged by the most on record, data showed on Tuesday.
福利网站British finance minister Rishi Sunak is considering a range of measures, from tax cuts to hiring incentives, as he tries to steer the world's fifth-biggest economy towards recovery after its 25% coronavirus crash in March and April.
The Lloyd's of London insurance market has apologised for its role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities promoting opportunities for black and ethnic minority groups. Ciara Lee reports