Times

Hard times here, jobs will be lost, says Sunak as UK plunges into recession

The Uk financial state plunged into a deep recession as it shrank 20.four for every cent among April and June at the top of the coronavirus lockdown, in accordance to new figures unveiled on Wednesday.

Reacting to the Business office for Countrywide Studies (ONS) facts, Uk Chancellor Rishi Sunak admitted that it indicated that the hard occasions had warned about are in this article and that a lot of extra positions will be shed.

“I’ve claimed right before that hard occasions had been in advance, and present day figures confirm that hard occasions are in this article,” Sunak instructed ‘Sky News’.

“Hundreds of hundreds of people today have by now shed their positions, and unfortunately in the coming months a lot of extra will. But although there are tricky selections to be designed in advance, we will get via this, and I can assure people today that no one will

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