Worst may be over for battered British economy - Reuters poll
Share:
LONDON (Reuters) - Britain's economy is shrinking at its fastest pace in centuries as the devastation wrought by the coronavirus pandemic saps demand, but it's likely to bounce back to growth next quarter as more businesses reopen, a Reuters poll found.An historic downturn pushed the Bank of England to unleash unprecedented amounts of stimulus, and while it has slowed the pace of purchases, it is likely to increase its total spending again, the June 19-24 poll predicted.The coronavirus has..