The Covid Crash: Economic slump ‘worse than 2008’ predicted as coronavirus hits major business sectors

<p>The economic figures are in,<a href="https://www.standard.co.uk/news/uk/economy-uk-businesses-activity-coronavirus-covid19-april-a4421956.html" rel="noopener noreferrer" target="_blank"> and they’re grim</a>. A new survey by IHS Markit, watched by the markets, reveals the devastating effects of covid-19 on both service and manufacturing sectors. It describes the effect as “previously thought unimaginable” - leading to predictions of an economic slump worse than the 2008 financial crisis.</p><p>The Evening Standard's consumer business editor, Jonathan Prynn, joins the leader podcast to discuss the fallout.</p><br><p>William <a href="https://www.standard.co.uk/go/london/performance-type/shakespeare" rel="noopener noreferrer" target="_blank">Shakespeare</a> never wrote a <a href="https://www.standard.co.uk/go/london/theatre/shakespeare-day-how-watch-bard-plays-online-a4421581.html" rel="noopener noreferrer" target="_blank">play</a> about pandemics, but there were plenty of them around during his time and he may have even had a&nbsp;brush with bubonic plague himself. On the anniversary of his birth, The Leader podcast asks Shakespeare expert Professor Emma Smith how sickness influenced his work, and what lessons he has for us today.</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>