Finance Minister Rishi Sunak said without his COVID-19 economic measures aiding the UK’s businesses during the coronavirus crisis, ‘things would be a lot worse’ for the future of the UK, following the Office for Budget Responsibility’s stark prediction the UK economy will soon collapse.
A THREE-month lockdown could leave two million Brits unemployed and a 35 per cent fall to GDP, experts have predicted.
But as soon as the restrictions are lifted the economy is likely to bounce back, the Office for Budget Responsibility said.