The recent stock market falls have been the worst since the financial crisis and, just as then, we are in new and sobering territory.

Rishi Sunak should stick with plans drawn up by his predecessor Sajid Javid, who was lining up a cut in income tax from 20p in the pound to 18p.

'It is not inevitable at this stage that the epidemic will trigger a meltdown, but if it does, the most likely transmission mechanism is a tsunami of corporate debt', says Ruth Sunderland.

RUTH SUNDERLAND: It hasn't helped that the first to hold out the begging bowl is Virgin, which is part-owned by US giant Delta and partly by billionaire Sir Richard Branson.

RUTH SUNDERLAND: How bad can it get? That's the question on the lips of investors, from the largest Wall Street operators to the most modest pension saver.

As we enter one of the worst financial disasters this country has ever known, the two men in charge of saving the economy have been in their jobs for less than two months between them.

RUTH SUNDERLAND: The airline industry can be accused of many sins. It is infested with brassy billionaires, such as the avaricious Sir Stelios Haji-Ioannou, the founder of EasyJet (pictured).

RUTH SUNDERLAND: Once again, the banks are in the dock, this time for letting down hundreds of thousands of firms in their hour of direst need.

Covid-19 should be the trigger for wholesale change. Once and for all, there must be a reckoning with the morally bankrupt moguls who put profits before the safety of their staff.

Logical thinking is one of the first casualties in situations of great stress, which must be the explanation for the way dividends are being demonised in the pandemic.

Coronavirus must be beaten everywhere, or it is not beaten at all. If we can get the virus under control, the IMF reckons that world economy could start to recover by the end of this year - but that is a big if.

The Chinese economy is suffering badly from coronavirus and a draconian lockdown, but this is unlikely to curb its onward march for very long - and that should concern us all.

Even before coronavirus, the World Economic Forum was increasingly irrelevant and seen as a byword for the narcissism of an elite. The creed of globalisation is under challenge.

It was only ever meant to be a bridge to tide employers over a short-term loss of trade. And however much we might hope not, a wave of redundancies seems inevitable.

RUTH SUNDERLAND COLUMN: If ministers let Richard Branson's Virgin Atlantic crash into the ground, we will all be the poorer for it.

RUTH SUNDERLAND: Bank of England governor Andrew Bailey has injected a very welcome dose of hope into an atmosphere of almost unrelenting despair since replacing Mark Carney.

Charlie Sheen's controversial past includes his public meltdown in 2010 and struggles with drug and alcohol abuse.

SPECIAL REPORT: Sportsmail previously revealed that majority shareholder Stewart Donald used Sunderland's parachute payments to finance the majority of the £37m purchase of club.

The Anaheim, California thanked Kanye, and tagged his wife Kim Kardashian into the post, asking, 'Please send me whole version Kanye' with the hashtag, #dontwasteyourpain.

Dancing With The Stars Christian Wilkins announced he tested negative for COVID-19 on Thursday.

A family have been left devastated after a 13-year-old boy was killed by a black VW Polo in Birmingham on Easter Sunday (pictured, forensics officers at Chester Road).

If the new Chancellor Rishi Sunak wants to appeal to Tory voters in the shires and the new converts in the Red Wall seats of the North, he should use his first Budget to end the war of attrition on savers.

Amanda Holden has been spending Easter Sunday in lockdown with her family.

Manchester United are now reportedly the front runners to sign Joe Hugill from Sunderland, according to The Sun. The 16-year-old striker has impressed in the Black Cats' youth system.

Manchester United have agreed a £250,000 deal with Sunderland for teenage striker Joe Hugill. The 16-year old is an old fashioned style centre forward.

JONATHAN McEVOY IN AUSTIN: Oh Noah! Lewis Hamilton faces another anxious night of waiting after Hurricane Patricia caused qualifying for the American Grand Prix to be called off.

We are in alarming, uncharted territory. Every vote counts as almost never before. The Mail on Sunday’s Survation poll now shows the Tory lead down to just one per cent.

Unforeseen events have utterly transformed the political weather. First came the Election result. Then came the abiding, endlessly painful tragedy of Grenfell Tower.

MAIL ON SUNDAY COMMENT: Foreign Secretary Boris Johnson’s camp threatens to destroy the fragile peace so recently achieved by the Prime Minister.

If ever there was a time for a Prime Minister to take charge of events, still the storm and impose calm, this is such a time... and who better than vicar's daughter Theresa May.

Many will have cause to be grateful in future for this necessary and compassionate move, for which The Mail on Sunday has been campaigning since the beginning of this year.

It is hard to justify the vast differences between the Western way of life and the conditions endured by those who live in the poorer parts of the world.

MAIL ON SUNDAY COMMENT: The tumult and the shouting may at last be dying away. The time for slogans and cheap jibes is over. Dogma is giving way to practicality.

The Mail on Sunday urges MPs to end the chaos and indecision, recover their good sense, and support the Prime Minister. Loyalty has never been so important.

MAIL ON SUNDAY COMMENT: Once again the country faces a moment of decision, but most of our elected, salaried politicians are not prepared to take that decision.

MAIL ON SUNDAY COMMENT: Former MI6 chief Sir Richard Dearlove, today goes public to say Seumas Milne - Jeremy Corbyn's closest courtier- stands 'no chance' of passing Whitehall checks.

MAIL ON SUNDAY COMMENT: If Mr Farage insists on pursuing his impossible dream of a perfect Brexit, he will not get it.

MAIL ON SUNDAY COMMENT: Boris Johnson is said to have been unhappy about imposing his lockdown on the country, and that his naturally liberal instincts are troubled by it.

MAIL ON SUNDAY COMMENT: Our hearts go out to the frontline staff in the NHS who face dangers as great as any endured by soldiers in battle.

MAIL ON SUNDAY COMMENT: Leaks from inside Whitehall suggest that senior Ministers, in the absence of Boris Johnson, are reluctant to take any major decisions.

Beyonce looked stunning in a glittering gold gown with husband Jay-Z at her side to celebrate the grand opening of Tyler Perry Studios on Saturday night.

The Prime Minister told the cabinet he will proceed with 'maximum caution' when it comes to easing restrictions, to avoid another rise in coronavirus cases in the UK.

We may not be able to travel right now but there is nothing stopping us dreaming about our future adventures. Here our travel writers reveal the hotels they are longing to visit around the UK...

Everywhere you look, you'll see golden beaches and lush lemon and olive groves as you cruise in style on this new eight-day trip with Greek specialists Celestyal Cruises.

A wave of people in the old Labour heartlands of the North have taken a huge psychological and emotional step by voting Tory for the first time in their lives. They have not done it lightly.

The recent stock market falls have been the worst since the financial crisis and, just as then, we are in new and sobering territory.

England fans poked fun at arch-rivals Australia after watching their team thrash them at Edgbaston in Birmingham today to reach the final of the Cricket World Cup on Sunday.

KIERAN JACKSON: As we enter a new decade, does 2019 take the crown of 'British best' in the 21st century so far? 2012, and the rip-roaring stories that accompanied the Olympics would say otherwise.

George Osborne hoisted an 'Open for Business' sign over Britain with a multi-billion pound package to help firms fight back against the slump at home and the troubles in the eurozone.

George Osborne did not address problems such as low levels of investment, lack of access to finance, and high energy costs.