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Revealed: Ten ways the finance sector can fight the coronavirus recession

As the UK officially enters recession for the first time since 2008, we ask top commentators: how much will this hurt and what should the City do to get through it?

Revealed: Ten ways the finance sector can fight the coronavirus recession
Photo: Getty Images

The UK economy has been hit by a recession for the first time in 11 years as a result of the coronavirus crisis — which froze the country into lockdown during the second quarter.

New figures from the Office for National Statistics have laid bare the effect of the pandemic on Britain’s gross domestic product, which shrank by 20.4% compared with the first three months of the year.

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