Boris Johnson returned to the podium for yesterday’s coronavirus briefing, telling the press that the UK is seemingly through the peak, but that, to avoid a second spike, it is necessary to ‘unlock the economy gradually’. He promised there would be ‘a lot more next week’ on options for easing lockdown.
It was a poor day for the Eurozone yesterday. The single currency zone’s GDP declined at the fastest rate since comparable records began and France, one of its key members, has officially entered recession.
In the US, joblessness has continued to rise, passing the threshold of 30 million. Today’s manufacturing figures are expected to show a further decline.
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