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Tag: shock

Carney warns coronavirus economic shock ‘could prove large’

Carney warns coronavirus economic shock ‘could prove large’

Business
Mark Carney has said the Bank of England will take steps to help the UK through a coronavirus economic shock "that could prove large".Mr Carney told MPs that the Bank's interest rate setting committee was "considering the policy implications of various possible scenarios" that could arise from the outbreak.The comments come after the Bank governor last week told Sky News that Britain should prepare itself for an economic growth downgrade as a result of the impact of the outbreak.More follows... Advertisement ...
Manchester United goalkeeper Dean Henderson linked with shock transfer to Paris Saint-Germain amid Chelsea and Tottenham interest

Manchester United goalkeeper Dean Henderson linked with shock transfer to Paris Saint-Germain amid Chelsea and Tottenham interest

Sports
Paris Saint-Germain are plotting a shock summer swoop for Manchester United goalkeeper Dean Henderson, reports claim. The 22-year-old has been in sensational form during a second loan spell with Sheffield United this season, helping Chris Wilder’s side rise as high as fifth in the Premier League table. Getty Images - Getty Dean Henderson is a rising Premier League star Ray Parlour says it’s time for Manchester United to sell Paul Pogba Along with Liverpool’s Alisson and Burnley’s Nick Pope, Henderson, who starred in the Blades’ promotion from the Championship last term, has kept the most clean sheets (9) in the top-flight so far this term. The Daily Mail claim French giants PSG are planning to approach United over the availability
Argentine peso and markets plunge after shock vote

Argentine peso and markets plunge after shock vote

Business
Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday.The peso fell 15% against the dollar on Monday after earlier plunging around 30% to a record low.Some of the country's most traded stocks have also lost around half of their value in one day.Mr Macri, in response, has pledged to "reverse" Sunday's election result.At a news conference on Monday, the president also said that the drop suggested the market lacked confidence in an opposition government.Argentine leader Macri trounced in primary vote"This [market meltdown] is just a small demonstration of what can happen," said Mr Macri."We have much to do still. Every election is a message and w...