The UK economy will grow slower than expected due to the impact of the Coronavirus outbreak, but will avoid a recession, according to the British Chambers of Commerce (BCC).
Small business owners have reacted furiously to the latest government update advising the public not to visit bars, restaurants, clubs and theatres.
A dedicated helpline has been created by HMRC to support small businesses that have been seriously impacted by the outbreak of Coronavirus.
The new governor of the Bank of England has promised to take “prompt action again” to limit the damage to the economy caused by Coronavirus.
The world’s major stock markets have continued to fall sharply today (Monday) despite a co-ordinated effort to reassure investors by central banks.