The British government on Wednesday announced new measures to provide a lifeline to workers and businesses hit by the COVID-19 pandemic.
The incoming Bank of England chief will come in just as the UK is departing the European Union.
Separate reports from the UK’s CBI and the Institute for Government contain detailed advice for Boris Johnson’s new administration.
Hundreds of passengers have been left stranded across Europe following the collapse of the British regional airline Flybmi.
The Bank of England lifted interest rates on Thursday, but the pound fell amid uncertainty over Brexit and cautious comments from the Bank’s Governor Mark Carney.
It's thought the good weather and spending around the Royal Wedding in May helped boost the GDP.