New video by BBC News on YouTube
Conavirus: devastating economic impact as Next warns of 40% fall in sales - BBC News
There's more evidence of the devastating impact the coronavirus pandemic is having on business and the economy. The retailer Next has warned that sales could drop by 40%. Others have said thousands of high street shops could permanently close. Barclays Bank has reported a substantial drop in profits and said that the cost of people defaulting on loans could be more than £2 billion. Meanwhile the United States, which is the world’s biggest economy, has recorded the worst growth figures in a decade. Huw Edwards presents BBC News at Ten reports from Economics Editor Faisal Islam and Nick Bryant in New York. Please subscribe HERE http://bit.ly/1rbfUog
View on YouTube
There's more evidence of the devastating impact the coronavirus pandemic is having on business and the economy. The retailer Next has warned that sales could drop by 40%. Others have said thousands of high street shops could permanently close. Barclays Bank has reported a substantial drop in profits and said that the cost of people defaulting on loans could be more than £2 billion. Meanwhile the United States, which is the world’s biggest economy, has recorded the worst growth figures in a decade. Huw Edwards presents BBC News at Ten reports from Economics Editor Faisal Islam and Nick Bryant in New York. Please subscribe HERE http://bit.ly/1rbfUog
View on YouTube
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