A 2021 market boom would be welcome, but there will still be plenty of losers

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Coronavirus vaccines promise a rapid economic rebound, but many of the 2.6 million thrown out of work have a grim future

Photograph: Andrew Matthews/PAPhotograph: Andrew Matthews/PAhen the prime minister announced, in the last week of October, a second national lockdown in England, the best thing to do, it turns out, was to buy shares in pub companies, airlines, gyms, retailers and restaurant operators – in other words, those businesses that were about to get clobbered again.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

problem is it will be credit driven; if it happens

A market boom would only reflect an excess of untaxed wealth which the rich have to dump somewhere. There hasn't been a 'boom' in productivity or even earnings. The market is just a casino for the uber wealthy.

yes, and it is getting grimmer

Your 2.6 million unemployed is in fact 7 million UC claimants or an economically inactive rate of 20%. Also known as an anchor on the economy.

EmmaForni1

Boris Johnson wants to be the FIRST to get vaccinated

No life without problem, No problem without solution. for all your health problems, Finances, Loves, Children, Sports, sexual weaknesses, Lawsuit, Return of the loved one, peace in the home, Bewitchment..ect. Contact Now .Whatsapp: +33755410995

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in BUSİNESS

Business Business Latest News, Business Business Headlines