Sunday, 3 May 2009


Flu pandemic could wipe 7pc off UK economy

Two Mexican lovers kiss through their protective masks

A flu pandemic could wipe more than 7pc off Britain's economic output, and trigger the worst recession since the early 1920s, according to Bank of England calculations.

01 May 2009

City's dominance in doubt

Britain's once-dominant financial sector will shrink to a mere 7pc of the economy in the coming years, marking its permanent decline in the wake of the crisis, a leading economist has predicted.

30 Apr 2009