West Midlands economy hardest hit from Covid-19 as auto sector stalls
by Phillip Inman from on (#52H23)
Setback to 'levelling up' UK as London's businesses predicted to recover faster after pandemic
The economic impact of the coronavirus pandemic will hit the West Midlands harder than any other region and leave London the least affected, according to an assessment of the worst affected areas of the UK.
Consultancy KPMG said that an analysis of the likely impact this year on the UK's regions showed that the closure of car plants and mothballing of hundreds of factories connected to the automotive sector meant the region's economy would shrink by 10.1%.
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