Rishi Sunak admits 'hard times are here' as UK economy shrinks by more than a FIFTH

RISHI Sunak has warned the public that "hard times are here" after new figures showed surging unemployment.

Offering a downbeat assessment of Britain’s economic woes, the Chancellor also said “many more people” would lose their jobs in the months ahead. The Office for National Statistics (ONS) confirmed that around 695,000 UK workers have been removed from the payrolls of British companies since March when the coronavirus lockdown began. Meanwhile, unemployment increased by 62,000 to 1.4 million for the three months to July.

It said the rate of unemployment therefore...
source: Express

2020-09-16 08:53
Latest news from Express
today 12:26 Brexit news: EU may impose ties on UK in backlash against Boris Johnson
today 12:26 Universal Credit: Are you eligible for SDP payments of over £400 a month? Check now
today 12:26 Kate Middleton's and Prince William's body language is 'unique for heir to the throne'
today 12:26 Lockdown teens hike energy bills by £70 a month, report finds
today 12:26 Best supplements for energy: A powder with high levels of nitric oxide for added energy
today 12:26 Vitamin B12 deficiency: The two warnings signs your levels are low found on the face
today 12:26 Princess Charlotte title: Why Charlotte would never be eligible for Prince George's title
today 12:26 Italy holidays: Rome airport to test departing passengers for COVID in Europe-first scheme
today 12:26 Doctors in A&E miss a third of serious mental health problems
today 12:26 Property: Always ask estate agent one question to avoid being ripped off - expert warning
today 12:26 Prince Philip heartbreak: The excruciating decision Queen and Philip are trying to make
today 12:26 Donald Trump: What is the 1776 Commission? President reveals programme to MASS backlash
today 12:26 Ryanair flights: Ryanair slashes capacity by 20% amid ‘defective’ travel restrictions
today 12:26 ISIS returns: Sick jihadis take over luxury islands and plan major operation
today 12:26 Alex Scott's fierce comeback to 'you won't make it' claims amid Question of Sport row
today 12:26 UK second lockdown: Workers unable to homework on 'cliff edge' as restrictions close in
today 12:26 Council tax mapped: Do you live in the highest paying area? Check here
today 12:26 Queen nightmare: Royal Family to lose MILLIONS due to Brexit as farms hit by EU blow
today 12:26 Brexit warning: Boris could SHUT DOWN House of Lords if peers block EU masterplan
today 11:23 Shana tova translation: What does shana tova mean in English? Rosh Hashanah greetings
Latest news from Great Britain
today 12:14 Will a second wave of Covid lead to another stockmarket crash?
today 11:47 Four in five schools have pupils out of class waiting for Covid test
today 11:41 Podcast: Our Climate Future
today 11:38 ONLINE THEATRE Heartfelt homage to Hemingway
today 11:26 Police investigation after man found 'on fire' dies in south London His death is currently being treated as "unexplained" and his identity is yet to be established, the Metropolitan Police says.
today 11:26 Historic books stolen in Mission: Impossible-style raid found buried underground in Romania The books worth £2.5m, including works by Sir Isaac Newton and Galileo, were taken in a "highly sophisticated" burglary in 2017.
today 11:26 Coronavirus: Lockdown measures in your area
today 11:26 Ryanair cuts capacity again after 'government mismanagement of COVID travel policies' The airline singles out the Irish government, saying its "excessive and defective travel restrictions" are not a solution.
today 11:26 Coronavirus: London's New Year's Eve fireworks cancelled due to pandemic The mayor of London says "we can't afford" for people to gather for the displays to welcome 2021.
today 11:23 How accurate are coronavirus tests?
today 11:23 Pub loses licence for ‘one of worst examples’ of breaking coronavirus rules
today 11:23 Angry pensioner demands pub removes bench after he tripped over it
today 11:23 NHS Test and Trace worker’s head stamped on five times on London bus
today 11:23 Shana tova translation: What does shana tova mean in English? Rosh Hashanah greetings
today 11:23 New York could be first US travel corridor link for Britons says Virgin boss
today 11:23 National lockdown: What does a national lockdown mean?
today 11:23 Wolverhampton local lockdown: Is Wolverhampton going into lockdown?
today 11:23 Brexiteer hails Boris for standing up to Brussels 'bullies' as he warns of mass EU exodus
today 11:23 Captain Sir Tom Moore: 'Things will get better... it's time to look forward'
today 11:23 Prince Harry row: The latest move showing Harry is distancing himself from Royal Family
today 11:23 Asteroid news: Space rock has 'very close but safe encounter' with Earth
today 11:23 Will this EVER end? Brexit legal battle 'could last years'... with EU judges
today 11:23 Kate Garraway hits out at Ruby Wax as GMB guest demands cull in bad news 'Can't stop it!'
today 11:23 Brexit POLL: Is EU negotiating in good faith or should Boris rip up Withdrawal Agreement?
today 10:44 British woman, 25, unable to drive after 32NN implants
today 10:44 Hessle teenager dies after DIY SOS heartbreak as Nick Knowles leads tributes
today 10:23 Royal Mint won't produce any more 2p or £2 coins for 10 years as cash use declines The Royal Mint says there are enough to last for the next decade and with cash use declining, it has no plans to make any more.
today 10:23 Coronavirus: More than half of COVID-19 patients experience ongoing fatigue, study finds Thousands of people experiencing post-coronavirus complications are turning to the ME Association for support.
today 10:20 Matt Hancock says second national lockdown is ‘last line of defence’
today 10:20 Pet owner jailed for battering dog to death with hammer after it mauled girl, 8
today 10:20 Britain set to be hotter than Barcelona with 26°C sunshine this weekend
today 10:20 Dozens arrive at test centre to find no staff in city which is back in lockdown
today 10:20 Good news for savers as Paragon Bank boosts interest rates on fixed rate savings accounts
today 10:20 China crisis: Beijing implements 'wartime' defences as it locks down border city
today 10:20 Tough love needed to save Christmas, Boris Johnson tells Brits after coronavirus spike
today 10:20 Archaeology news: Clues leading to the infamous King Herod confirm 'Bible's reliability'
today 10:20 North Korea fury: Kim aims for 'mass casualties and destruction' to stop US invasion
today 10:20 Cruise holidays: Carnival Cruise Line cancels cruises until Spring 2021
today 10:20 Queen's public estate to pay in instalments as pandemic hits finances
today 10:20 Malcolm Rifkind brilliantly exposes 'fundamental flaw' in Sturgeon's independence argument
today 10:20 Merseyside lockdown: The towns at risk of new restrictions today
today 10:20 How to live longer: The three building blocks to boost longevity
today 10:20 Princess Anne skipped on a Royal Family tradition with Zara Tindall for simple reason
today 10:20 Joe Biden 'poised to side with Nicola Sturgeon on Scottish independence'
today 10:20 Farewell Britain's High Streets it's been nice knowing you - ROSS CLARK
today 10:20 Coronavirus map LIVE: UK lockdown returns - announcement IMMINENT as 10 million hit
today 10:20 Queen warning: Monarch told she has no power to halt nations stripping her ruling status
today 10:20 Man Utd boss Ole Gunnar Solskjaer slams Gareth Southgate for Mason Greenwood decision
today 10:20 State pension age to increase next month - more retirees than usual to be affected
today 10:20 Monty Don pays emotional tribute to dog Nigel in heartfelt interview: 'This is for him'
Watch the news from UK on Facebook