Economics

U.K. Tips Closer to Recession as Virus Slashes Growth Outlook

  • Economists lower forecasts in latest Bloomberg survey
  • But worsening outbreak could mean situation is even worse

A pedestrian passes a passenger aircraft operated by British Airways at London Heathrow Airport, on March 16.

Photographer: Jason Alden/Bloomberg
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The coronavirus pandemic is pushing the U.K. economy toward its first recession since the global financial crisis.