Industry warns it will get worse before it gets better as UK nears double-dip recession

Asset managers warn that a double-dip recession is "increasingly" on the cards for Britain and that the road to recovery "will be fraught with challenges" as the pandemic continues to hit the economy.

The UK economy shrank by 2.6% in November as it took a hit from restrictions put in place to contain the Covid-19 pandemic and is now on the path of a double-dip recession. Richard Pearson, director...