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Podcast: Beyond Currency
Episode: 26 November 2020 - Economic nightmare just beginning
Description: "The UK economy is unlikely to return to pre-Pandemic levels before the fourth quarter of 2022. Unemployment will peak at 7.5% in Q2 of next year meaning the jobless total will reach 2.6 million. These were the stark outcomes from the Chancellors spending review that he delivered to Parliament yesterday.
While there were dire warnings for the future of the economy, the Chancellor announced two large new areas of investment.
First there will be a £4 billion fund setup for investment in areas that have missed out on funding in the past, while the Government’s restart scheme will receive £3 billion to go towards find...