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Scottish tycoon says we are on verge of 'economic Armageddon'

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Tycoon Lord Willie Haughey fears Covid-19 is on the verge of ­triggering an “economic ­Armageddon” that will shatter hundreds of thousands of lives.Haughey – one of Scotland’s most successful businessmen – predicted a catastrophic destruction of jobs and ­prosperity if lockdown conditions remain in place through summer.The former Celtic director said that while saving lives should be the “No1” concern, the country’s leaders must also make sure they do not create a “crisis on top of a crisis”.It is almost certain ­restrictions will be extended when they are reviewed by the UK Government ­tomorrow, meaning the country will be ordered to remain indoors for at least another three weeks.The coronavirus outbreak has brought industry to a halt and

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