Sky News: Reports " UK to nosedive into recession after COVID-19 triggers record slump...A dramatic 21% downturn between April and June is expected to be confirmed by statisticians, following a previous 2.2% drop. "
Lets Get Real:
It can be argued that the UK economy will have U shaped recession, shallow in the middle but a return to pre 2020 standards by the end 2021. There will be deep job loses in the hospitality sector, from Bars, to pubs to restaurants . The neat idea of the Chancellor to give a voucher to punters has been a great idea, it has gotten people back out for a drink and to eat. It can be argued that the voucher scheme should be extended from its present Monday to Wednesday to the full week and extended to cover September also. The Brexit effects should be limited, with the COVID - 19 taking the blame for job loses. The UK should have a CLEAR BREXIT from the EU, the EU will come running for us after we have gone.
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