Bloomberg Politics
@BloombergPolitics·316K subscribers·2 videos
Dire Warning for U.K. Economy If Virus Lockdown Persists
Posted
April 15, 2020
Views
2,858
Likes
10
Comments
6
Engagement
0.56%
April 15, 2020
2,858
10
6
0.56%
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5:48Now PlayingApr.15 -- A protracted lockdown could see the U.K. economy shrink by more than a third this quarter, increasing unemployment by over 2 million and sending the budget deficit to its highest since World War II, according to the Office for Budget Responsibility. Mel Stride, a ruling Conservative Party lawmaker who chairs parliament's cross-party Treasury Committee, comments on the OBR's so-called "reference scenario" in an interview on "Bloomberg Surveillance."
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