Tens of thousands to be laid off every week as UK falls into recession

MPC member warns of ‘horrible surprise’Gloomy assessment sends London shares fallingTens of thousands of people could be laid off every week in the run-up to Christmas as the UK economy falls into recession, David Blanchflower of the Bank of England’s monetary policy committee warned today.Blanchflower told MPs to expect “a large increase in unemployment”, and [...] continue reading world news