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Latest updates: scheme will be reviewed in January to see if employers should contribute more; Sturgeon says tough action starting to have an effectSunak extends Covid furlough until end of March 2021Exclusive: Alok Sharma met Prince Charles after staffer’s Covid resultFamily plead for care home rule change after daughter’s arrestMinister blames public for second English lockdownGlobal coronavirus updates – live 2.24pm GMT The UK’s...

A singular event has economists asking the same questions as everyone else: how far is there to fall – and can we ever get back?Coronavirus – latest updatesSee all our coronavirus coverageIt is New Year’s Eve 2019 and around the world stock markets are closing for business on a high note. Shares in the US are up by almost 30% on the year, those...