FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak holds a COVID-19 Digital Press Conference at 10 Downing Street in London, Britain April 8, 2020. Pippa Fowles/10 Downing Street/Handout via REUTERS
- Britain’s gross domestic product could fall by up to 30% between April and June, Finance Minister Rishi Sunak told his colleagues as members of the cabinet call for easing lockdown restrictions amid the coronavirus outbreak, the Times reported. Sunak discussed the possibility of a 25% to 30% fall in GDP in the second quarter, the newspaper reported, adding that ten ministers were pressing for the lockdown to be eased next month.“It’s important that we don’t end up doing more damage with the lockdown. We’re looking at another three weeks of lockdown and then we can start to ease it,” a minister was quoted as saying by the newspaper. The minister was not named.
Uk ministers are not from uk?🤔
So when will the Torys admit that Brexit is toast....Or are they still stupid enough to put more fuel on the 🔥
Σ(･ω･ﾉ)ﾉ！！
It’ll be hard but but if the economy changes to being a world investor and nation full of global conglomerates I’m sure they’ll bring money back to the nation.
There's so much cash in the Canadian system that after the crisis passes we're heading into a huge Economic boom. Again. Lead by the consumer. We will be making better choices for the planet.
No Shit Sherlock! 🤯
You should have stayed home 'Brexiteers'. I hope all of us come out of this OK. Fingers crossed.
INDIA has sent one of their best to handle the fall.
UK economy has been precarious for decades, addicted to offshore petroleum and London financial hub both of which are walking wounded. True cost of Brexit conflated with Coronavirus could even be worse than 30%
More than 1.7 million people infected by the pandemic | it has severely impacted the economy Latest updates | cases per million population👇 COVID2019 FightCovid19
It’s almost as if we shouldn’t measure success by GDP 🥺🧐
Главное чтобы член стоял стояком)
Dow 12000 is coming
RodZeidan
Is measuring GDP even relevant ?
Europe will be more then helpful now, I'm sure of it.
Global gdp may cobtract more than 60%
Many OECD countries are predicting the same, 30% fall in 2nd quarter GDP.
Meh, was gonna happen anyway. I've got a tent and a packof noodles.
The Great Depression²
Compliment his honesty and candid talk!
But then again it may not!
In this crisis, we must evaluate markets properly and make wise investments :
That sounds bad.
UK PM BorisJohnson leaves hospital after that he said HydroxyChloroquine saved My life..Covid_19