
FTSE 100 closed 0.18% into the red today, as the buyers are consolidating last week’s gains around the 6,500 mark. The buyers have now recovered around 60% of the corona-related losses despite the Bank of England’s (BoE) chief economist Andy Haldane issuing a warning that the UK is facing record inactivity in the labour market. Fundamental analysis: 8 million people underemployed The United Kingdom is facing historic levels of inactivity in the labour market as a result of certain parts of the economy collapsing amid the COVID-19 outbreak, according to Haldane. “We’ve seen activity across the economy collapse, and we’ve
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