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New UK coronavirus restrictions will test optimism over economic recovery | Larry Elliott

6 days ago   |   By The Guardian

Some have reasons to be cheerful despite the gloom but flip-flopping in Whitehall is not helping growth Records are there to be broken, so it would be unwise to claim that there will never be a worse performance by the US or eurozone economies than was seen in the spring of 2020. It would, though, take something truly spectacular: a nuclear war, a meteor strike, a pan-continental climate catastrophe or a more severe pandemic than Covid-19. It is worth reflecting for a moment on just how dire the recent economic news has been. The UK is a bit behind the US and the eurozone and does not...
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