Rolling coverage of the latest economic and financial news, as the chancellor of the exchequer warns that many more jobs will be lost before the Covid-19 crisis is overLatest: IMF says Covid-19 calamity isn’t overHospitality sector warns of major job cuts loomingUK construction boomed in September……but employment levels fell againSunak: Priority is protecting employmentChancellor wants sustainable public finances… won’t say which taxes might rise 2.50pm BST Over in New York, the Dow Jones industrial average has nudged a three-week high, as investors look for signs that a new US stimulus package could yet be hammered out.The Dow gained 55 points at the start of trading to 28,204, a rise of 0.2%, having jumped by 465 points on Monday. Related: Contagious Trump removes mask for photos upon return from hospital Related: Donald Trump rebuked for removing mask after leaving hospital – US politics live BREAKING: New CNN poll has Biden leading Trump by 16 points nationally pic.twitter.com/6l3mZmDi1J 2.27pm BST Here’s our news story on the IMF’s warning about the steep, rocky road to recovery: Related: IMF chief says world economy faces long ascent from Covid crisis Continue reading…
Via: UK construction growth accelerates, but job cut fears rise – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…