Economy to remain ‘scarred’ by Covid until 2025
- On December 2, 2020
- By GrowthInvest Marketing
The chancellor has warned that the “economic emergency” caused by the coronavirus crisis has “only just begun”, with experts forecasting the economy will remain scarred until 2025.
Speaking in the House of Commons today (November 25), Rishi Sunak said the economy was expected to start to recover in 2021, growing 5.5 per cent in that year, and continue expanding over the rest of the five-year forecast.
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