Coronavirus vaccine results drive hope for economic recovery
by Richard Partington from on (#5AXKH)
Guardian analysis shows retail sales booming and financial markets picking up around world
- UK's economy suffers but vaccine hopes ease gloom
- How vaccine success can fuel sustainable UK economic recovery
Britain's economy is approaching a turning point amid hopes for a rapid recovery fuelled by an early coronavirus vaccine, despite renewed lockdowns pushing the country into a double-dip recession, according to a Guardian analysis.
As the government prepares to ease restrictions in England from next week, the latest figures from the economy show business activity plunged in November as the second English lockdown weighed on growth. Redundancies climbed at a faster pace than during the 2008 financial crisis, and the numbers of journeys made on public transport and on Britain's roads slumped.
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