Stocks gain on US stimulus hopes as 600,000 UK workers lose jobs in Covid-19 crisis – business live
Live rolling coverage of business, economics and financial markets as stocks rise strongly in Europe UK unemployment steady at 3.9% as furlough scheme masks damage Stock markets jump on Fed stimulus and reported infrastructure plan Apple to be investigated by EU over app store competition concerns Coronavirus – latest updatesSee all our coronavirus coverage 12.29pm BSTChancellor Rishi Sunak has appointed a hedge fund manager and former Goldman Sachs partner to the Bank of England’s financial policy committee, a key regulatory role.The role of the FPC in enhancing and protecting the stability of the UK’s financial system has never been more important, and having highly qu...