British economy awaits largest recession in 300 years - Reuters


The UK economy could experience its worst recession in 300 years due to the coronavirus epidemic, Reuters reported on April 14. According to official forecasts, the British economy could shrink by 13% in 2020. At the same time, from April to June, the economy could shrink by 35%, and the unemployment rate would double to 10%. It will be difficult. Our economy will suffer badly, UK Finance Minister Rishi Sunak said at a news conference. Read also:

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