UK's Sunak warns economy will get worse before it gets better

"We should expect the economy to get worse before it gets better," Sunak told parliament

Reuters

11 January, 2021, 09:45 pm

Last modified: 11 January, 2021, 09:48 pm

FILE PHOTO: Chancellor of the Exchequer Rishi Sunak leaves Downing Street, following the outbreak of the coronavirus disease (Covid-19), London, Britain, May 4, 2020. REUTERS/John Sibley/File Photo

British finance minister Rishi Sunak warned on Monday that he expected to see more bad economic news with the country in the midst of its third national coronavirus lockdown.

"We should expect the economy to get worse before it gets better," Sunak told parliament.

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