Article 55P47 UK's growth figures dim hopes of V-shaped recovery from Covid-19

UK's growth figures dim hopes of V-shaped recovery from Covid-19

by
Phillip Inman
from on (#55P47)

There was nothing inevitable about a weak bounce back - the UK government has delayed the recovery by its dithering

Britain's recovery from the worst slump in three centuries is going to be long and painful.

That's the only conclusion to be drawn from figures showing the economy barely spluttered back to life in May and predictions by the Treasury's independent forecaster, the Office for Budget Responsibility, that the recovery will take until the end of 2022 at best.

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