Things we’re reading today include ….
- IMF has no experience of recession arriving with such ferocity | Larry Elliott
- JP Morgan sets aside $8.3bn to cover Covid-19 losses
- UK economy could shrink by 35% with 2m job losses, warns OBR
- Not even Wall Street titans know the true cost of the coronavirus crisis
- Coronavirus: ‘World faces worst recession since Great Depression’
- “My firm is viable – but I can’t get a loan”