Coronavirus: Hit to global economy 'will be less than expected' in 2020
The damage to the global economy this year will be less than previously expected, but still "unprecedented", a leading international body says.
The Organisation for Economic Cooperation and Development now predicts a decline of 4.5% in 2020, versus the 6% drop forecast in June.
It means it no longer expects the UK to have the deepest contraction of the major G20 economies this year.
But the 10.1% drop would still make Britain one of the hardest hit.
The revision for 2...