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Sunak: Official Forecasts Point To Double-Digit Jobless Rate
Very Gloomy Comments From UK Chancellor Sunak
— Trading Floor Audio (@TradeFloorAudio) May 19, 2020
UK Facing A Recession `Likes Of Which We Haven't Seen'
Expects Virus Impact On Labor Market To Be `Severe'
Official Forecasts Point To Double-Digit Jobless Rate
Jury Is Out On What UK Economy Will Look Like Post-Crisis#GBP #BOE
Added at 10:22am
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UK FINANCE MIN. SUNAK: THE BIG FISCAL QUESTION FOR THE MEDIUM-TERM IS HOW BIG THE STRUCTURAL BUDGET DEFICIT WILL BE AFTER THE CRISIS.
— Breaking Market News (@financialjuice) May 19, 2020
Added at 10:23am
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UK FINANCE MIN. SUNAK: THE BIGGEST UNCERTAINTY IS HOW MUCH TAX REVENUE WILL DROP.
— Breaking Market News (@financialjuice) May 19, 2020
Added at 10:25am
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Rishi Sunak warns there is not going to be an 'immediate bounce back' as the lockdown is lifted
— Steven Swinford (@Steven_Swinford) May 19, 2020