Full blown lockdown would plunge UK economy far below pre-pandemic size

A full blown lockdown would derail the UK’s economic recovery from the Covid-19 crisis, reveals fresh analysis from City economists. Shutting down the retail, leisure and hospitality sectors will cause the British economy to shrink to six per cent below its pre-pandemic size, according to Pantheon Macroeconomics. Imposing tougher restrictions on businesses that rely on [...]