Tag: Long

‘Long Covid’: the economy is also badly out of puff

Douglas FraserBusiness/economy editor, Scotland Related Topics Scottish Budget image copyrightReuters The forecast contraction in the Scottish economy of 10% is in line with the UK, but worse than most other countries. Paying the bills may continue to weigh on health budgets well beyond this year, say fiscal experts, and we can expect big tax increases by 2025. Scots support higher… Read more →

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After covid: ‘Working from home’ is long term ambition

Image copyright Getty Images Image caption Ministers believe remote working can reduce congestion and improve flexibility Nearly a third of people should still be working from homes, even when coronavirus restrictions have eased, says the Welsh Government. Ministers said its ambition is to see about 30% of the workforce in Wales staying at or near home in the long term.… Read more →

Fed warns US faces ‘long road’ to recovery

Image copyright Getty Images The head of America’s central bank has pledged to continue support for the US economy for “as long as it takes”. Warning that the US faces a “long road” to recovery, Federal Reserve Chair Jerome Powell said the bank would keep interest rates near zero for the foreseeable future. A policymaker forecast released by the Fed… Read more →