Kate Andrews Kate Andrews

What a record GDP slump means for economic recovery

Photo by Adrian Dennis / AFP
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It’s been no mystery that the UK economy took a severe beating in 2020: two lockdowns, a host of circuit-breakers and fire-breakers, Christmas cancelled for millions of people. The experience of an economy forced to hibernate for months on end last year is reflected in today’s GDP update from the Office for National Statistics, showing the economy contracted 9.9

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