FTSE 100 hovering around 6500 as BoE’s Haldane warns of record labour market inactivity

By: Invezz

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

The post FTSE 100 hovering around 6500 as BoE’s Haldane warns of record labour market inactivity appeared first on Invezz.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.