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Showing posts with the label Coronavirus spread in UK tops 209 as it’s feared bug could ’cause recession worse than no-deal Brexit’

Coronavirus spread in UK tops 209 as it’s feared bug could ’cause recession worse than no-deal Brexit’

Coronavirus spread in UK tops 209 as it’s feared bug could ’cause recession worse than no-deal Brexit’ NewsColony THE coronavirus could lead to a recession worse than a No Deal Brexit, former chancellor Philip Hammond has warned. His bleak message come as the number of people who have tested positive for the virus has hit 209 as the disease rapidly accelerates across all parts of Britain. ⚠️ Read our   coronavirus live blog for the latest news & updates 9 Coronavirus cases are on the rise in Britain Credit: Getty Images – Getty 9 Philip Hammond has said the coronavirus could tip the UK into recession Credit: Reuters Speaking ahead of Wednesday’s Mr Hammond said the government needed to address problems in supply chains to businesses, exposed by the coronavirus. Mr Hammond said contingency planning for a no-deal Brexit envisaged goods being “stuck on the other side of the Channel”, The Times reports. But the risk with coronavirus is that “goods and components...