CHANCELLOR Rishi Sunak has said he is "deeply troubled" by an earlier OBR report claiming that the British economy could shrink by 35% if the coronavirus lockdown lasts three months.

Speaking at the government's daily briefing, Sunak added "it is going to be hard and the economy is going to take a significant hit” but that it can "bounce back".

It comes as coronavirus deaths in the UK have passed 12,000 after 778 more people died in the last 24 hours.

A total of 12,107 have now died from the virus in the UK.

But chief scientific advisor Sir Patrick Vallance has said that hospital admissions are “stabilising and plateauing” as a result of social distancing measures.

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