With Brexit approaching, the UK is expected to face one of the deepest economic slumps of all developed countries. By Sky News Reporter
The global economy will shrink by considerably less than expected this year and its prospects in the coming years now look brighter than they have done for some time thanks to the development of promising new COVID-19 vaccines, according to the Organisation for Economic Co-operation and Development (OECD).
The economic institution, one of the world’s foremost forecasters, has lifted its predictions for most countries from its previous projections in June.