Bloomberg Central London could lose as many as 835,000 jobs in the aftermath of the Covid-19 pandemic, with employees in service industries increasingly able to work remotely and flexibly, according to research by a consulting firm. An analysis of London’s labour market data by Advanced Workplace Associates, a consultancy based in the UK capital, showed that about 41% of people ...

Bloomberg Confidence in the euro-area economy improved to the highest level in more than two decades in June as a reopening of shops, restaurants and other services propelled the region’s recovery from the pandemic crisis. A European Commission sentiment index increased to 117.9, exceeding almost all estimates in a Bloomberg survey. The gain was driven by surging optimism in services, ...

Bloomberg German joblessness slid for a second straight month in June, signaling a robust recovery as falling coronavirus infections allow shops, restaurants and cultural venues to reopen. The decline of 38,000 was almost twice as high as expectations, and put total number of unemployed at 2.69 million. The unemployment rate was 5.9%, matching previous month, which was revised lower. Germany ...