The forecasted drop of nearly 9% in the quarter would be more than twice the expected decline in Japan, the second-worst hit country in the G7
Footage shows one trader throwing his chair, while reports of people crying have surfaced.
'You have to remember this is hurting real people who own multiple boats."
It means that debt is now 99.4% the size of gross domestic product (GDP), which measures the value of all goods and services produced in the UK. This level had not previously been reached since 1962.
It means the UK’s overall debt is now around 99.5 per cent of gross domestic product (GDP), which is a measure of the size of the economy – a level not seen since 1962.
The pound could see a “severe downside shock if there is no deal by Christmas”.
The research comes at a crucial time as policy makers weigh up how pay for the coronavirus pandemic.
The British Chambers of Commerce (BCC) warned over a difficult year-end for the economy, with the December 31 Brexit deadline also looming large.
“There won’t be a ‘pause’ in how much rent, mortgages, food and transport costs.