Boston and East Lindsey to benefit from Sport England’s £250M national investment to strengthen c...
53 new places across England announced to tackle inequalities in activity levels Boston and East Lindsey set to benefit Each ...
Read MoreCommenting on GDP statistics for Q1 2020, published today (13 May) by the ONS, British Chambers of Commerce, Head of Economics Suren Thiru said:
“The contraction in UK GDP in the first quarter underscores the negative impact that coronavirus had on the economy, even at its earliest stages. The quarterly decline was driven by a sharp drop in monthly GDP in March with activity in all sectors contracting as the UK went into lockdown.
“The speed and scale at which Coronavirus has hit the UK economy is unprecedented and means that the Q1 decline is likely to be followed by a further, more historically significant, contraction in economic activity in Q2.
“While a swift ‘V-shaped’ economic revival as restrictions are lifted may prove too optimistic, government support can play a vital role in avoiding a prolonged downturn. The extension of the furlough scheme was a crucial first step, but more needs to be done to ensure that the right support is in place to deliver a successful restart of the economy.”
Read the GDP statistics for Q1 here.
53 new places across England announced to tackle inequalities in activity levels Boston and East Lindsey set to benefit Each ...
Read MoreLincoln, UK, 19th February 2025 – Panoramix IP, the leading intellectual property law firm specialising in UK, EU and US ju...
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