UK's tighter Covid-19 restrictions may keep economy depressed
They may negate impact of Chancellor Rishi Sunak's new job support scheme and unemployment may continue to rise
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE Bank of England (BOE) is expected to boost the supply of money further to supplement UK Chancellor Rishi Sunak's new measures to help businesses and workers ride through the novel coronavirus pandemic.
But many economists believe that the government's tighter Covid-19 restrictions will keep the economy depressed, with unemployment likely to continue to rise.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
