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Home News Media

Attention turns to the economy as papers issue stern reality check

The forecasted shock to the British economy caused by coronavirus leads Wednesday’s papers.

Jack Peat by Jack Peat
April 15, 2020
in Media, News

The impact of coronavirus on the British economy leads many of Wednesday’s papers, as Chancellor Rishi Sunak warned of “tough times” to come.

The Times reports Office for Budget Responsibility forecasts which suggest two million Britons could lose their jobs as the lockdown continues.

The Times 15/4/20
Tea maker, Tom Webb, is allowed to harvest from the beautiful white cherry blossom at Alnwick Garden's orchard, in Northumberland, as it remains closed to visitors. Photo : Raoul Dixon/NNP#tomorrowspaperstoday #thetimes #buyapaper @TimesPictures pic.twitter.com/ICNokpB7Jj

— The Times Pictures (@TimesPictures) April 14, 2020

The Daily Telegraph carries a similar story, reporting the impact from Covid-19 could be the “biggest economic shock in 300 years”.

The front page of tomorrow's Daily Telegraph:

'Biggest economic shock in 300 years'#TomorrowsPapersToday pic.twitter.com/KsXvzpjjmq

— The Telegraph (@Telegraph) April 14, 2020

While The Guardian reports on the potential shrinking of the UK economy, a story which also leads the Financial Times.

Guardian front page, Wednesday 15 April 2020: UK economy could shrink by 35% in Covid-19 fallout pic.twitter.com/thAKTsKkrK

— The Guardian (@guardian) April 14, 2020

Just published: front page of the Financial Times, UK edition, Wednesday 15 April https://t.co/usfhuAkJL7 pic.twitter.com/Djg4AW5WMt

— Financial Times (@FinancialTimes) April 14, 2020

The i reports the UK economy should “bounce back quickly” after the downturn.

UK faces worst recession in a century – but should bounce back quickly. Wednesday’s ⁦@theipaper⁩ front page #tomorrowspaperstoday #bbcpapers #skypapers #coronavirus #recession pic.twitter.com/m3uveDSeRg

— Tim Alden (@timaldi) April 14, 2020

The Sun, Daily Mirror and Daily Express also lead on the “slump”.

Tomorrow's front page: 'UK faces worst slump in its history' pic.twitter.com/cQhAMdqpdv

— The Sun (@TheSun) April 14, 2020

The Daily Mail reports on what it calls a “hidden epidemic” in care homes, with campaigners believing up to 4,000 care home residents have died after contracting coronavirus.

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Metro leads on what it calls the “forgotten front line”, reporting concerns that care home staff do not have the “proper kit” to fight coronavirus.

And the Daily Star reports that Harry is “struggling” with his new life outside the UK.

Tomorrow's front page: 'Ah diddums' https://t.co/jWyzdeTC6H #TomorrowsPapersToday pic.twitter.com/qu6nupBfX0

— Daily Star (@dailystar) April 14, 2020

Related: Two million could lose jobs amid Covid-19 crisis, watchdog warns

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