UK unemployment could double as Bank of England warns of sharp recession
May 7, 2020
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2:51Now PlayingUK unemployment could double as Bank of England warns of sharp recession
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as posted by the channelThe Bank of England has forecast the worst economic recession since 1706, with unemployment predicted to increase from 4% to 9%. Its Governor, Andrew Bailey, also believes the recovery will be quicker than usual, with positive growth expected in 2021.
#COVID19 #coronavirus #uk
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