COVID-19 puts economy into ‘significant recession’
GDP slumps 5.8% in March, and 2% in Q1 2020.
Govt. clarifies guidance on returning to work
New guides for eight different lines of work.
Businesses want clarity before returning to work
Plans to ease restrictions “need more detail”.
UK economy ‘could shrink by 14%’ in 2020
Bank of England predicts biggest annual decline on record.
More firms access business interruption loans
25,652 applications were successful up to 28 April.