UK recession may not be as bad as feared, says Bank of England economist

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Andy Haldane says latest data is ‘a shade better’ than forecast but caution remains

Britain’s economy is on course for a shallower recession than feared after a series of surveys showed business activity has recovered at a modest rate, the Bank of England’s chief economist said.

 

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I’m expecting Durham to be a popular tourist attraction after lockdown .... or now actually ?

well, that's jolly good news :)

We've got Brexit to deal with yet.

1200 jobs at McLaren, then add all that rely on those in supply chain, then the shops those 1200 spend in and on and on. Then times by every company large or small. Recession what recession.....

Glory to God 🙏

Buy the dip plebs

What did they fear it would be? It a bloody disaster for many SMEs who have closed with huge debts.

worth it for the deaths

rubbish. this virus is the new world order. most people have to re-find their niche to survive amid dangers. most will need to wear masks.

Guys I HAVE SOME AMAZIN DIRT IF YOU WANT IT LOOK AT THE CCTV CAMERAS ON SAUCHIE HALL STREET GLASGOW 23RD NOVEMBER 2013 FROM 11PM ONWARDS OUTSIDE NICE N SLEAZYS BAR. ENGLAND INTERNATIONALS, GANGSTERS, TOP BRASS

FOR THE BANKS IT WON'T BE. FOR EVERYONE ELSE IT WILL BE HELL.

Then perhaps we can afford to keep schools and non essential shops closed longer instead of gambling lives with a second wave.

Course it won't be!It's just you guys doing what you do ..scaring the life out of everyone.

Was it the same person who advised Boris that covid wasn’t that bad you could still shake hands with everyone just wash them afterwards? ..and the bumbling buffoon couldn’t even get that bit correct ,

The perfect economic forecast for Brexit to go ahead.

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It’ll bounce back very quickly. You watch.

Red white and blue recession. Sign me up baby.

Only horrendous instead of apocalyptic.

lol

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