Connect with us

Business

Rishi Sunak warns ‘economic emergency has only just begun’ – BBC News

The pandemic will deal lasting damage to growth and jobs, the chancellor has warned.

Published

on

post featured image
ADVERTISEMENT

By Szu Ping ChanBusiness reporter, BBC News
media captionChancellor Rishi Sunak: Coronavirus to leave ‘long-term scarring’ on UK economy
The “economic emergency” caused by Covid-19 has only just begun, according to chancellor Rishi Sunak, as he warned the pandemic would deal lasting damage to growth and jobs.
Official forecasts now predict the biggest economic decline in 300 years.
The UK economy is expected to shrink by 11.3% this year and not return to its pre-crisis size until the end of 2022.

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Pfizer Will Ship Fewer Covid-19 Vaccine Vials to Account for ‘Extra’ Doses – The New York Times
post featured image
Why IBM Stock Plunged Today – Motley Fool
post featured image
CDC says 2nd coronavirus vaccine shot may be scheduled up to 6 weeks later – The Washington Post