Gertjan Vlieghe, who sits on the central Bank’s Monetary Policy Committee (MPC), said in a speech that state support will help ease the pain.
George Osborne indicated earlier this week that more austerity will be needed post-coronavirus crisis.
The supermarket’s boss Dave Lewis also said it will increase home delivery slots to ‘1.2 million per week in the next few weeks’.
Lockdown could result in businesses being forced to reveal where their “mind and matter” really is.
UKHospitality chief executive Kate Nicholls said the industry was the ‘canary in the coalmine’ for the British economy.
The Virgin boss said "the Government should not intervene to stop companies going bust" when BA ran into trouble in 2009.
Small businesses are having difficulty in getting their loans approved.
Sir Richard Branson told Virgin Group employees the airline will not be able to continue without a commercial loan from the Government.
The government has been rightly called out for causing a delay, but a more troubling ‘d’ is plaguing its response: Dogma.
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