There is extra proof of the devastating impact the coronavirus pandemic is having on industry and the economy. The retailer Next has warned that sales could perchance fall by 40%. Others have acknowledged thousands of high aspect road outlets could perchance completely finish.
Barclays Financial institution has reported a noteworthy fall in profits and acknowledged that the value of of us defaulting on loans could perchance simply be larger than £2 billion.
Meanwhile the united states, which is the field’s finest economy, has recorded the worst development figures in a decade.
Huw Edwards affords BBC News at Ten stories from Economics Editor Faisal Islam and Sever Bryant in Unique York.
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