multiply-minute - The Multiply Blog

The 1-minute read to get the money news you need with expert adviser commentary

Subscribe to the Multiply Minute

15 May, 2020

Biggest borrowing since WW2

The government has spent £123.2 billion so far to tackle coronavirus and its economic impact.

14 May, 2020

The big insurance payout

Insurance market Lloyds of London says it expects to pay out up to $4.3 billion (£3.5 billion) in claims related to coronavirus.

13 May, 2020

UK economy shrinks

The figures are in: GDP shrank by 2% in the first three months of 2020.

12 May, 2020

Ryanair returns

The budget airline has said it plans to start running 1,000 flights per day from 1st July; that’s around 40% of its normal schedule.

11 May, 2020

Back to work?

Business groups are demanding guidance following Boris Johnson’s announcement that people should return to work if they can't do their job from home.

07 May, 2020

Deepest recession ever

The Bank of England has warned that the UK economy could shrink by up to 14% this year, which would be the biggest annual decline on record.

06 May, 2020

Furlough to end in summer

The government’s job retention scheme is likely to start winding down from July in parallel with lifting lockdown measures.

05 May, 2020

Quarter of workers furloughed

The coronavirus job retention scheme is now paying the wages of over 6.3 million furloughed workers who can't work because of the lockdown.

04 May, 2020

It's bounce back time

Starting today, small businesses can apply for a loan of up to £50,000 that is fully guaranteed by the government.

01 May, 2020

Plans for lifting lockdown?

Prime Minister Boris Johnson is back at work and has promised to provide a “menu of options” next week for how we can begin to lift the lockdown.

30 April, 2020

US economy nosedives

Between January and March, US GDP suffered its fastest drop since 2008

29 April, 2020

Furlough for longer?

Employers are calling on the government to extend the job retention scheme into autumn.

AboutAbout us Careers FAQ Contact

AccountsLifetime ISA Stocks & Shares ISA General Investment Account Instant Access Pot Terms & Privacy

Follow us on: Twitter Facebook Instagram LinkedIn

Multiply is a trading style of Multiply AI Limited. Multiply AI Limited is authorised and regulated by the Financial Conduct Authority. FCA register number is 801053. You can confirm this by visiting the Financial Conduct Authority website www.fca.org.uk/firms/financial-services-register or by contacting the Financial Conduct Authority on 0800 111 6768.Our Companies House register number is 10470734 and our Registered Office is: 3rd Floor, Rise London, 41 Luke Street, London, England, EC2A 4DP.Copyright © 2022 Multiply, All rights reserved.