FTSE

Tale of two Cities: FTSE 100 rises despite economic collapse

August 15, 2020

London’s financial centre. Never has the disconnect between financial trading and economic fundamentals appeared so extreme Photograph: James Veysey/Rex/Shutterstock The economic collapse in Britain during the second quarter of 2020 was the most brutal on record. Unemployment is forecast by the Bank of England to soar to 2.5m by Christmas. The Brexit cliff edge approaches. […]

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