Economist predict a further GDP fall from between 7.5% and 10% with unemployment to soar

Bank of England policymakers are expected to inject up to £100bn into the economy when they meet this week amid mounting fears that the four-week lockdown for England will lead to a double-dip recession.

Threadneedle Street’s nine-strong monetary policy committee (MPC) will spend the next few days weighing up the impact of the renewed closure of large chunks of the economy before announcing its latest decisions on Thursday.

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