Bloomberg Coronavirus-fractured supply chains are providing a wake-up call to British business and leaders with just seven months to go before Brexit triggers the biggest shakeup of trading relationships in a generation. Eighty-two percent of small- and medium-sized manufacturers say the pandemic has affected their supply chains. That’s according to a survey of more than 600 English firms by the ...

Bloomberg Leaders need to do more to secure a quick and sustainable recovery for the global economy, according to the World Economic Forum (WEF). In a survey of almost 350 risk professionals, the Geneva-based group said that two-thirds identified a drawn-out downturn as the greatest risk now facing the world over the coming year and a half. The pandemic has ...

Bloomberg While uncertainty abounds in economic forecasting, US unemployment will likely stay “severely” elevated well into next year, according to a report by two economists at the Federal Reserve Bank of San Francisco. The jobless rate has already climbed to historic levels in just two months following the onset of the coronavirus-induced economic lockdown. A return to low unemployment will ...