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Bank of England warns recent increase in Covid-19 cases could hold back UK GDP

Bank of England warns recent increase in Covid-19 cases could hold back UK GDP

The Bank of England has warned that despite Britain’s economy is ’less weak’ than previously expected, the recent rise in Covid-19 cases may hit its recovery prospects. It said much of output lost during the Covid-19 lockdown had been recovered but the outlook remained ’unusually uncertain.’ Britain is still in a deep recession, while Covid-19 infections are at their highest level since mid-May.

Simone
Simone
David Webb
David Webb 0 months

It is not the cases causing economic problems, it is the government.

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