Coronavirus: Rishi Sunak ‘troubled’ by economic hit as UK deaths jump by 778

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.

Follow our latest coronavirus live blog for all the latest news and updates.