BoE governor says upcoming recession is ‘probably unprecedented’

ODN 2020-05-07

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When asked to put the upcoming recession in its historical context, the Bank of England governor, Andrew Bailey, said that it is “probably unprecedented”. It comes after the Bank of England warned coronavirus could see the economy plunge 14% this year in the worst annual fall for more than 300 years. Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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