The U.K. economy shrank 20.4% in the second quarter, equivalent to an annualized rate of 59.8%
The economy is already recovering as restrictions on daily life ease and workers trickle back to factories and offices, recent data show, but Bank of England officials have warned that it could take until the end of 2021 to regain the ground lost during the pandemic.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.K. Employment Sees Biggest Slump Since The Financial CrisisThe U.K.’s statistics agency is expected to declare the economy in recession on Wednesday, as the toll of the coronavirus crisis continues to deepen.
Weiterlesen »
U.K. Employment Sees Biggest Slump Since The Financial CrisisThe U.K.’s statistics agency is expected to declare the economy in recession on Wednesday, as the toll of the coronavirus crisis continues to deepen.
Weiterlesen »
UK sheds 730,000 jobs during the pandemic and wages are fallingThe UK economy has shed 730,000 jobs since the coronavirus pandemic shuttered businesses in March, with the young, the old and the self-employed bearing the brunt of the unemployment crisis.
Weiterlesen »
Joe Wicks says poorer families struggle to eat healthy and avoid fast foodThe Body Coach said it is easier to live healthily in some parts of the country than others because of the types of food on offer
Weiterlesen »
Steve Rattner: GOP says economy rebounding fast, but that isn't the case.SteveRattner on US economic recovery: “The bottom line is we’ve lost 22.2M jobs since this started. We’ve only regained 9.3M.” “At the rate we’re going, it is months, perhaps even longer, before the economy fully recovers.”
Weiterlesen »
Britons worry increasingly about job security, survey showsPeople in Britain are increasingly worried about losing their jobs as the country's economy struggles to cope with the impact of the coronavirus pandemic, a survey published on Wednesday showed.
Weiterlesen »