Tag: Leading

Coronavirus: UK economy could be worst hit among leading nations, says OECD

Image copyright Getty Images The UK is likely to be the hardest-hit by Covid-19 among major economies, a leading agency has warned. Britain’s economy is likely to slump by 11.5% in 2020, outstripping falls in other developed economics of Germany, France, Spain and Italy, it said. If there were a second peak in the pandemic, the UK economy could contract… Read more →

Coronavirus: Leading economist warns of 10 years of depression and debt

Image copyright Getty Images Economist Nouriel Roubini has warned of a prolonged downturn and sluggish recovery from the coronavirus. Nicknamed Dr Doom for his gloomy predictions, Professor Roubini said there are some jobs that simply will not come back after this crisis. Even if the global economy recovers this year from the impact of the coronavirus, it will be “anaemic”.… Read more →