Coronavirus meltdown means UK debt is bigger than GDP for the first time in 57 YEARS at nearly £2trillion after the government borrowed a record £55billion in May By James Tapsfield, Political Editor For Mailonline Published: 07:41 BST, 19 June 2020 | Updated: 07:41 BST, 19 June 2020 UK debt is bigger than GDP for … Read more
GDP plummeted by 20.4 PER CENT in April the biggest fall EVER as coronavirus wreaked havoc on the UK economy – with warnings the recovery might take years New figures show the scale of the devastation being wreaked on UK economy GDP slumped by a record 20.4 per cent in April, first full month of … Read more
GDP plummeted by 20.4 PER CENT in April the biggest fall EVER as coronavirus wreaked havoc on the UK economy – with warnings the recovery might take years By James Tapsfield, Political Editor For Mailonline Published: 07:18 BST, 12 June 2020 | Updated: 07:24 BST, 12 June 2020 The UK economy shrank by an astonishing … Read more
Goldman Sachs has issued a grim forecast, predicting that U.S. gross domestic product will plummet by 24 percent in the second quarter of this year, by far the largest drop since detailed records have been kept. The investment banking giant issued its revised forecast in a note on Friday, dramatically slashing its economic forecast as … Read more