Bank of England issues stark warning about looming economic depression worldwide – TheLiberal.ie – Our News, Your Views

Bank of England issues stark warning about looming economic depression worldwide




The Bank of England has issued a stark warning about a looming economic depression in the wake of the Covid-19 pandemic.

The dire prediction foresees a GDP nosedive of up to 14% in the UK, a tumble not seen since the early 1700s.

Covid-19 has ravaged the global financial landscape, eradicating millions of jobs and inflicting misery on large swathes of the population.

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