Month: July 2020
Chart of the Week
According to the Bank of England, the availability of mortgages declined dramatically in the three months ending May 2020 – implying a bigger credit squeeze than in the worst three-month period of the global financial crisis.
Chart of the Week
Wayne Rooney decried that ‘[If] Manchester United or Man City need 30 per cent of their players’ wages to survive… then football is in a far worse position than any of us imagined.’.
On the state of UK Business Closures
13.5% of all UK businesses have temporarily closed or paused trading, during the lockdown, with 86.4% of workers in these businesses on furlough.