Number of people on UK payrolls drops by…

Live rolling coverage of business, economics and financial markets as latest official figures also showed the number of hours worked dropped a record 9%UK unemployment steady at 3.9% as furlough scheme masks damage Stock markets…

Markets rocked by record oil slump, as UK…

Rolling coverage of the latest economic and financial news, as Covid-19 recession drives US crude oil into negative territoryUK jobless rate rose to 4% before coronavirus struckJobless total up by 58,000 compared with previous quarterInvestors…

Sterling slides on reports of parliament to be…

Rolling coverage of the latest economic and financial newsLatest: Sterling hit by rumours of proroguing parliamentEarlier:Recession fears mount as US yield curve invertsInvestors: it’s a flashing red lightBrexit dashboard: UK economy falters 9.22am BST The…