Coronavirus lockdown tips UK economy into biggest slump on record
by Phillip Inman and Graeme Wearden from Economics | The Guardian on (#52HZE)
Recession and unprecedented squeeze on incomes likely, says Bank of England policymaker
The UK's manufacturing and services industries suffered the biggest slump on record this month, according to figures released on Thursday, as a Bank of England policymaker warned Britain's economy was on course to suffer the deepest recession in several hundred years.
Related: UK seeks to borrow 225bn to fund huge surge in public spending
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