News UK
UK economy faces tough months ahead says Bank of England – BBC News
The Bank of England says the UK economy is in for another tough few months but it believes that the impact of coronavirus restrictions will not be as bad as last year’s lockdown and the rollout of vaccines will help the economy bounce back.
The economy is expected to shrink by 4.2 percent in the first three months of this year. However the bank says there could be a rapid recovery from spring onwards.
As the government’s furlough scheme winds down the Bank say the unemployment rate is likely to peak at 7.8% by the middle of the year
Sophie Raworth presents BBC News at Ten reporting by economics editor Faisal Islam.
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A train driver killed in a crash in Bedfordshire, England, passed a red signal moments before the collision, investigators said.
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At least 188 people have been killed and more than 1500 injured after powerful back-to-back earthquakes in Venezuela, …
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The United States has been a staunch ally of Israel for decades, and Americans used to be steadfast in their support for the …
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Back-to-back earthquakes have killed at least 164 people in Venezuela, acting President Delcy Rodríguez has said.
In the capital Caracas, rescuers are searching through the rubble and people have been heard calling for help.
There are fears the tolls will rise further, as the US Geological Survey suggests there is a 44% chance of more than 10,000 fatalities.
The quakes, with magnitudes of 7.2 and 7.5, hit a minute apart. The second was the strongest to hit Venezuela since 1900.
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