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UK will suffer worst recession

Britain will be hardest hit by recession as GDP shrinks by up to 14%.

That is the chilling forecast from the OECD, which says that the UK will fare the worst of the world’s 37 richest nations.

The UK, France, Italy and Spain are all projected to lose more than a tenth of national output.

Globally, GDP is forecast to shrink by 6% to 7.6%.

The Times (£)

 

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