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Coronavirus: is the UK lockdown worth it?
In the wake of the coronavirus pandemic and lockdown, the UK economy appears to be heading for a recession far deeper than the one that followed the 2008 financial crisis – and a bigger contraction than analysts estimated just a couple of weeks ago. In 2009 the economy contracted by 4.2%. By contrast, with the economy grinding to a halt in the second quarter as shops shut and many businesses halted operations, four leading forecasters surveyed by the Financial Times now predict a contraction over the whole of 2020 of between 7% and 8%. That would make it the third-worst recession since 1900. Won’t it depend on ... (full story)
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- Apr 11, 2020 12:26pm Apr 11, 2020 12:26pm
- RossEdwards
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- ministry
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The Past mistakes are your guides to provide you directions of the present.
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From1toMillion EA All Time Return:
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- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3120 Comments
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
53,458.0%
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- RossEdwards
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