UK economy: Bank warns of biggest decline in century

The latest Bank of England forecast says the British economy is facing its biggest annual decline for 100 years.
And bankers warn it could take more than a year to get back to pre-lockdown levels, provided there is not a second surge of coronavirus infections.
Al Jazeera's Neave Barker reports from London, UK.

#AlJazeeraEnglish #UK #Economy

[himanish]

Karma hits like a boomerang. Their looted money is now finished, sadly they don't know how to earn money, only looting.

[MAK]

remember the the 18th century "London poor" ... history is repeating again

[End-Result]

I hope the reporter and film crew bought coffee from that street vendor

[ax]

Well well.... No more stealing from other countries. Karma is serving it's Justice.

[kamgold]

No problem, property prices keep going
up up and away.

[ajmetz]

I think we're cautious about a second wave, but we are also eager to immediately go back to normal asap, so I think the recovery could be faster than anyone anticipates. The question of course is when does normality occur again? And I agree it probably won't be until 2021, although we can hope for otherwise, and I realise there may be knock on affects that will take time to recover from, especially where businesses have gone under.

[muneebhussain]

The poor Britain, who extracted everything from united India, is shrinking economically. May they dip down badly until they regret for what they had done with our Ancestors .

[ibrahimseck]

Sweden did not have any lockdown and they are doing fine

[ajmetz]

Just realised this report is about the Bank of England forecast.

[shail]

*I Think More Hard Time r Comming Really V Hard Situation*

[TheBengalDragon]

Just put the USSR anthem over this clip lol!

[i.canalista]

So let's reopen there economy and let people go back to work.

[giggino]

Just kick your prime minister out. Whatever it takes, just get rid of it.

[jonasark]

In London there r prostitute houses in soho that don't move. Prostitution is illegal in England. I'd say it beyond setting an example to the word these lot r pedigree. Shameful. Boycott uk today

[kashflips]

In London there r prostitute houses in soho that don't move. Prostitution is illegal in England. I'd say it beyond setting an example to the word these lot r pedigree. Shameful. Boycott uk today remember oxfam scandal? Double standards? 
Boycott uk

[darylloeng]

Just keep dancing to Trump's Serves you right lol

[promitbanerjee]

And at the end the stock market will rally by 200%.

[arisplugis]

we have lived only 20 years in this century.

[Lazarusart]

London London London, its always about London eh

[philippschwartzerdt]

But wait for 2021, while the rest of the world will recover from COVID-19, the UK will only start to experience Brexit like a swinging di..

Though the detail of analysis of the movements of people in London to the extend of cattle grazing on pasture is beyond scary.