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'Worst UK slump in centuries' looms as lockdown slams business

London | Britain may be in the grip of its worst economic slump in centuries, a Bank of England official warned, as the coronavirus lockdown pounded businesses this month with more force than even the most pessimistic forecasters had feared.

Interest-rate setter Jan Vlieghe said on Thursday the economy should recover its pre-coronavirus growth pattern once the pandemic is over, but it could take time.

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Reuters

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    Original URL: https://www.afr.com/world/europe/worst-uk-slump-in-centuries-looms-as-lockdown-slams-business-20200423-p54mrg