BoE's governor Bailey: A 35% fall in UK GDP in Q2 is not implausible

Market news

17 April 2020

BoE's governor Bailey: A 35% fall in UK GDP in Q2 is not implausible

Banks must address serious strain on their operational capacity for handling surge in loan demand
IMF sees a V-shaped recovery for the global economy but there is a huge amount of uncertainty
IMF meetings have shown clear commitment to do what's necessary
Large and small companies will need new equity
MPC will set out its view very clearly in May on how much scarring UK economy faces

U.S. Leading Economic Index drops less than forecast in March

China: A historic contraction in Q1 - Standard Chartered

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