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A ‘Nike swoosh’ recovery or a V-shaped rebound? City views on the UK’s prospects

Should we be braced for a prolonged period of pain? Or is a sharp recovery expected? City experts give their view

Wednesday, 12 August 2020 at 14:57

A ‘Nike swoosh’ recovery or a V-shaped rebound? City views on the UK’s prospects
Photo: Getty Images

The 20.4% plunge in gross domestic product shows how the coronavirus crisis has hobbled the UK economy, even when compared to other developed nations.

Britain is in recession for the first time in 11 years. Should we be braced for a prolonged period of pain? Or is a sharp recovery expected? City experts give their view.