Negative interest rates loom as property market defies the pandemic

Key talking points:

• Chancellor announces Job Support Scheme to replace furlough; however, the economy faces a hit of £250 million a day from partial lockdowns
• COVID continues to accelerate a lot of trends with polarising changes. How are these affecting businesses?
• UK housing market defied the pandemic, with average prices hitting record highs. This is in stark contrast to the wider economy. What is behind this apparent contradiction?
• Bank of England has been talking a lot about negative rates recently. Find what they’ve had today and you need to know