Monday, 24 January 2022

Tag Archives: catastrophic

Britain’s economy takes 25% hit from COVID

LONDON: UK economy shrank by a quarter over March and April as entire sectors were shuttered by the coronavirus lockdown in what looks likely to be the bottom of a “catastrophic” crash before a long and slow recovery. Dwarfing previous downturns, the economy contracted by 20.4% in April from March, ...

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UK says EU must compromise on Brexit deal

LONDON: British Prime Minister Boris Johnson urged EU leaders to drop their opposition to renegotiating Brexit, as the pound slumped on growing concerns about a no-deal departure. Johnson, who took office last week, wants to change the exit terms struck by his predecessor Theresa May but insists Britain must leave ...

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