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The 1980s 'super recession': When unemployment topped 3m - and kept rising

The UK is in a recession for the first time in 11 years, and there are some suggestions unemployment could reach three million.

The last time unemployment reached these heights, was in the recession of the 1980s.

The BBC looks back at the causes and consequences of that recession.

Reporter: Megan Fisher

Produced and edited: Ciaran Daly

31 August 2020
Economics
Recession
UK economy

News imageJames Watt

Brewdog boss says he will learn from criticism

Brewdog's co-founder James Watt says he will use claims of a "culture of fear" at the company to reflect and become a better leader.

Economy
News imageBank of England governor Mark Carney

'Rates cut will help to support confidence'

Mark Carney says a coronavirus-related interest rates cut, from 0.75% to 0.25%, will provide relief "at a difficult time".

Economy
News imageKeyframe #6

Could this be the end of global trade?

Global trade drives the world economy, but could rising tensions between the US and China threaten this?

Economy
News imageWith the possibility of a trade war looming, we ask what tariffs are and how they affect us.

What are tariffs and how do they affect us?

As a trade war becomes an increasing risk, how do governments use tariffs in international commerce?

Economy
News imageTen pound notes

Has the cost of living been creeping up?

As the Bank of England gives its latest prediction for inflation, Wake Up to Money looks at what's been happening to the cost of living in the last year.

Economy
News imageYokohama port

'Too many' Asian trade agreements

A survey of Asian businesses by HSBC finds that there are too many free trade agreements and they are too complicated.

Economy

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