The Bank of England has warned that Britain’s economy could take longer to bounce back than first thought – but won’t be as bad as predicted.
It held interest rates and is predicting unemployment will rise to 7.5% by the end of the year.
But it says the downturn won’t be as severe as many people feared.
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In This Story: Bank of England
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
5 Recent Items: COVID-19
In This Story: UK
UK is the abbreviated form of the United Kingdom of Great Britain.