OBR: UK economy to contract -35% in Q2 but bounces back quickly
<p>UK’s Office for Budget Responsibility said the country’s real GDP could contract by -35% in Q2, but bounces back quickly afterwards. Unemployment could rise by more than 2 million to 10% in Q2, but declines more slowly than GDP recovers. Public sector net borrowing could increase by GBP 218B to the groups March forecast, to […]</p>
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