What does the biggest economic slump in 300 years mean for Britain?

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What does the biggest economic slump in 300 years mean for Britain?
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As the chancellor announces plans to extend the unprecedented scheme to pay the wages of millions, whole sectors remain shut, causing a recession unseen in Britain for centuries. Larry Elliott explains what it will mean

The coronavirus lockdown has resulted in the UK’s biggest economic downturn for 300 years, with shops shuttered, factories closed and millions of workers told to stay at home while the government pays their wages.Anushka Asthana

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