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Bigger income shock caused by the inadequacy of the UK’s welfare safety net, says report
Company also warns of slower than expected second quarter
European equities pull back from highs as doubts cast on recovery from pandemic
Nothing would be more foolish than policymakers in rich countries turning away from global challenges
Finnish group Stora Enso shuts plants in sign of torrid state of paper industry
Discount fashion retailer to continue with new store openings and repay furlough cash
Vacancies rise by 16% month on month in March and rate of redundancies slows
Official metrics tend to miss the impact of volatility on both the number and pattern of hours and shifts
Economists say unofficial data confirm forecasts of a strong rebound in second quarter
Finance minister Chrystia Freeland pledges to avoid mistakes made during 2008-09 downturn
Lockdowns put borrowers under more pressure and compound lenders’ losses from last year
Businesses hope to tap into global savings stockpile of $5.4tn
Leader in video meeting services will invest in complementary apps to cement status and see off rivals
Pandemic helps to reverse previous association with women in low-paid, part-time work, official figures show
Fall in gas revenues from China and slow vaccination rollout pose drag to recovery
Households amass extra cash equivalent to 6% of world output since pandemic began
One needed step is to improve their access to the funds that rich countries have pledged to provide
Sebastián Piñera expects economy to grow by 6% this year despite surge in Covid cases
Market Questions is the FT’s guide to the week ahead
The pull of the city centre has been weakened, with big implications for property prices, public transport and taxes
Holy See cuts back on salaries and travel after visitor numbers and donations dive
Thousands of workers have returned to their home countries or taken other jobs during pandemic
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