Bank of England says unemployment could hit 7.4 per cent this year

The Bank expects the economy to shrink by 9.5 per cent in 2020 amid the coronavirus pandemic - less than the previous estimate of 14 per cent. https://www.dailymail.co.uk/news/article-8599039/Bank-England-says-unemployment-hit-7-4-cent-year.html?ns_mchannel=rss&ns_campaign=1490&ito=1490