From your social life to your job prospects, we asked economists what it means for the average person.
Whether you have savings, no savings, a mortgage, or you're renting – here's what you need to know.
Therapists share their advice for those feeling anxious – and possibly even despair – about the future.
What is a recession and how long will it last? Here's a brutal guide following news that the UK economy suffered its biggest slump since records began.
BA said a downturn in travel during the pandemic meant the company would probably never fly the "queen of the skies" again.
Britain is still on track to face biggest economic slump in 300 years, Office for Budget Responsibility warns in "very worrying" report.
Leading economic think-tank says recession triggered by coronavirus is the "deepest in history".
The UK looks set to enter a recession for the first time in more than ten years since the 2008-09 financial crisis. Huge parts of the UK economy shut down during the coronavirus lockdown and in April 2020, UK GDP shrank by 20.4%. But what is a recession?
Scepticism is misplaced – UBI would offer a lifeline to those worst affected by the Covid-19-induced economic slump, writes Steve Jeffels.
Ian Diamond says poverty and long-term unemployment will increase mortality.