FORECAST: BRITISH ECONOMY TO SHRINK BY 8% THIS YEAR

Highlights

• Britain’s economy in April shrank by 20.4%
• Unemployment is a key concern 

According to a leading economic forecaster, the British economy will shrink by 8% in 2020. The damage caused by the coronavirus crisis will take time to recover. It could be until 2023.  

In April, the economists had predicted a fall....