Rishi Sunak Britain show record economy experts and Rishi Sunak Britain

Britain has entered the largest recession on record - this is what it means and how it could affect you

Reading now: 171
manchestereveningnews.co.uk

released earlier this week showed that around 730,000 UK workers have already been removed from the company payrolls since March.

And chancellor Rishi Sunak has warned that more jobs will be lost in the coming months.A recession can affect house prices, making it harder to buy or sell property.The government also has to make tough decisions over public spending during times of economic decline.Taking in less money from taxes could result in public services being cut.The easing of lockdown has already had a positive impact on the economy.According to the ONS statistics, the economy bounced back by a slightly better-than-expected 8.7 per cent in June, following upwardly revised growth of 2.4 per cent in May.The third quarter overall is.

Read more on manchestereveningnews.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA