UK economy will take three years to recover from coronavirus – EY
by Richard Partington Economics correspondent from on (#52PQ3)
Report warns that half of all UK consumer spending in 2020 will be delayed or lost completely
It will take the UK economy three years to fully recover from the fallout of the coronavirus pandemic, according to a leading forecasting group.
As the damage for jobs and growth unfolds, the EY Item Club said it would take until 2023 for the the economy to return to the level reached at the end of last year due to the depth of the crisis.
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