UK economy likely to recover slowly from COVID hit - budget office head

LONDON (Reuters) - Britain's economy is likely to have a slower economic recovery rather than a quick bounce-back after its coronavirus shutdown, the head of the country's budget forecasting office said on Sunday.Robert Chote, head of the Office for Budget Responsibility, said a scenario published by the OBR last month showing a quick V-shaped recovery was only meant to be illustrative to show the hit to the public finances. "In practice I think you are likely not to see the economy bouncing..