UK’s 800,000 school leavers and graduates need jobs and education offers amid turmoil, says thinktank

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Youth unemployment in Britain will reach the 1 million mark over the coming year unless the government provides job guarantees or incentives for school leavers and graduates to stay on in education, a thinktank warns.

The Resolution Foundation (RF) said that in the absence of action an extra 600,000 people under the age of 25 would swell dole queues, with a risk of long-term damage to their career and pay prospects.

Pandemic risks exacerbating economic and social divisions between countries

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The coronavirus pandemic threatens the future of the eurozone by creating huge economic divisions between its 19-member states during what is expected to be the deepest recession since the Great Depression, the European commission has warned.

The EU’s economic commissioner, Paolo Gentiloni, said there was an urgent need to mitigate the inevitable exacerbation of existing social and economic fissures, as countries emerge at different speeds from the unprecedented economic downturn.

We urgently need a fairer tax system so that rich people like me help solve the fallout from coronavirus, not just profit from it

• Gary Stevenson is an economist and former interest rate trader

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I made my first million the year Greece went under. I was 24 years old at the time.

I’d attended a presentation given by one of Citibank’s senior economists, in which he explained that government debts of the world’s major economies had grown to dangerous levels, and were continuing to grow. He warned that markets could stop lending to some of these governments, forcing a devastating round of austerity on to already battered economies.

If we repeat 2008, buying a house with one’s own wages will be a thing of the past

Related: Don't expect a snapback for the UK economy after lockdown is lifted | Larry Elliott

Business models reliant on maximum footfall are at odds with social distancing, leaving space for local shops and mutual aid

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With most local shops shuttered and online sales booming, it’s easy to imagine that coronavirus will deal a mortal blow to the high street. The images of empty public spaces that have come to define this crisis could be a warning of what life will be like after the lockdown, when people will fear crowds and social distancing will continue, either through self-policing or government directive.

The decline of public life is one of the biggest casualties of Covid-19. Zoom, Amazon and Netflix are unlikely to replace our human craving for it. Public discourse has shrunk to encompass the virus, while our daily lives have retreated into the private domestic sphere. Streets and public places, high streets in particular, are the physical setting for public life, and the impact of the virus is that life lived outside – socialising, shopping, working – has been almost entirely curtailed.

Social preferences, economic realities and government policy will shape the future of the high street

Related: 'It's really shocking': UK cities refusing to reveal extent of pseudo-public space

The celebrated actor had a turbulent upbringing before becoming world-famous for playing two perfect nannies. Now she’s bonding with a new generation of children through her storytelling podcast

“I’ll tell you what, shall I go outside?” Julie Andrews asks. We are talking by phone, but, alas, the reception inside her home on Long Island is, she says, “always terrible”. Torturous minutes pass in which I can hear only fragments of her conversation, and if anyone knows of a sweeter agony than being barely able to hear Andrews’ still lovely, melodious voice, I don’t want to know what it is. Eventually, I have to tell her this phone conversation isn’t working.

“I can stand out in my garden, although it is a bit nippy …” Andrews suggests.

Mark Cousins’ latest encyclopedic romp is a glorious enterprise that unearths footage from some of the greatest film-makers ever – all of them women

A perfect lockdown gift has landed, one which might have sounded daunting in ordinary times: a 14-hour documentary about female directors, which goes live from next week on BFI Player. This glorious enterprise unearths footage from some of the greatest movie-makers of this century and the last – all of them female. At the same time, the BFI is showing 36 of the hundreds of films mentioned, so that viewers can enjoy full immersion over weeks, possibly awarding themselves a degree in, say, The Cinema of the Second Sex afterwards.

Narrated by women including Tilda Swinton and Thandie Newton, Women Make Film – A New Road Movie Through Cinema is the latest encyclopedic romp from the Northern Irish film historian and documentary-maker Mark Cousins, who previously directed the 15-hour television series The Story of Film: An Odyssey, in 2011. The new documentary will be released in palatable chunks over five weeks from 18 May, and aims to open a conversation on the lost legacy of women behind the movie camera.

Related: Angry young women: how radical, female film-makers defined the spirit of '68

(New Deal)
With his fourth solo album the acclaimed producer faces down the confusion of modern life with intoxicating calm

Blake Mills has picked up Grammy nominations for his production work on Laura Marling’s Semper Femina, John Legend’s Darkness and Light and Perfume Genius’s No Shape. However, the fourth solo album by the 33-year old Californian former touring guitarist should turn the spotlight towards his own work. Mutable Set is intended as a “soundtrack to the emotional dissonance of modern life”. Themes range from precious people and experiences to disappointment and isolation, though this isn’t conventional singer-songwriter fare.