When future historians look back on 21st-century mortality statistics, they will struggle to find anything out of the ordinary in Britain in 2020. When they look at the economic data they could be forgiven for thinking we were hit by an asteroid.
The Office for Budget Responsibility predicts a fall in GDP of around 12 per cent in 2020, the equivalent of having the 2008-09 recession twice in one year.
Already a subscriber? Log in
Keep reading with a free trial
Get your first month free when you subscribe. After that it’s just £1 a week for full website and app access. There’s no commitment, you can cancel any time.
Offer ends in:
${days} days ${hours} hrs ${minutes} mins ${seconds} secs
Or
Comments
Ends tonight:
10 weeks of unlimited digital access for £1
Join the conversation with other Spectator readers. Subscribe to leave a comment.
CLAIM OFFERGet 10 weeks of online and app access for just £1. That's a saving of more than 80% off the usual rate.
Already a subscriber? Log in