Coronavirus – No guarantee of quick economic bounceback, warns Sunak

Industry News | 22/05/20

It is “not obvious there will be an immediate bounceback” for the UK economy, once lockdown restrictions are eased, the chancellor has warned. Rishi Sunak said he hoped for a swift recovery, but it could take time for the UK economy to get back to normal. “It takes time for people to get back to the habits that they had, there are still restrictions in place,” he said. His warning came as figures showed the number of people claiming unemployment benefit soared to 2.1 million in April.

Source: BBC