Can Johnson stick to his roadmap? Politics Weekly podcast

Jessica Elgot and Polly Toynbee discuss the government’s latest plans to exit lockdown. Richard Partington and Charlotte Alldritt look ahead to next week’s budget, and Larry Elliott and Katy Balls discuss the man behind the budget, Rishi Sunak. The prime minister announced four phases to get England out of lockdown on Monday. Has the […]

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Pound hits three-year high as inflation fears weigh on markets – business live

Rolling coverage of the latest economic and financial news Sterling has hit $1.42 today, first time since April 2018 Also at one-year high vs euro Analysts: reopening plan lifts pound But investors worry that inflationary pressures could force central banks to tighten Fed chair warns US economic recovery ‘uneven and far from complete 8.28am […]

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Lloyds profits plunge after £4.2bn put aside for Covid defaults

Banking group becomes latest UK lender to resume dividend payments Coronavirus – latest updates See all our coronavirus coverage Profits at Lloyds Banking Group have plunged 72% after the bank was forced to put aside more than £4bn to protect itself from a potential jump in defaults linked to the Covid crisis. Lloyds, which […]

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The Guardian view on a post-Covid recovery: not just for the well-off | Editorial

The government must not allow an even more divided society to emerge post-pandemic It was John Maynard Keynes who developed the idea of “animal spirits” as a kind of spontaneous market optimism, or pessimism, which lent a crucial emotional dimension to economic outcomes. The unveiling of Boris Johnson’s roadmap out of social restrictions was […]

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Fed chair warns US economic recovery 'uneven and far from complete'

Jerome Powell worried by high unemployment in US economy Rejects Republican suggestion stimulus will lead to inflation The US economic recovery “remains uneven and far from complete”, Federal Reserve chair Jerome Powell told a committee of US senators Tuesday. In his semi-annual update on monetary policy, his first delivered under Joe Biden’s presidency, Powell […]

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Boris Johnson 'very confident' all Covid restrictions will end on 21 June

PM says businesses will continue to get economic support until they can operate as normal Coronavirus – latest updates See all our coronavirus coverage Boris Johnson has said he is “very confident” all restrictions on normal life in England will end on 21 June, saying the government will continue to provide economic support to […]

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Rich nations must either help developing countries fight Covid or live in a fortress | Mohamed El-Erian

The G7 needs to keep giving financial aid and other support if it wants to avoid ongoing disruption Coronavirus – latest updates See all our coronavirus coverage Recognising that “no one is safe until everyone is safe,” the G7 recently announced additional steps to facilitate globally more “affordable and equitable access to vaccines, therapeutics […]

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