Economy

  • British economy: covid, Brexit, crisis

    During the first half of 2020 the coronavirus pandemic drove the British economy into the deepest recession since records began. The second wave of the pandemic will ensure that the recession continues well into next year as the number of coronavirus cases rapidly rises and the government places new restrictions on businesses and social activities in an attempt to control its spread. DAVID YAFFE reports.

    On 22 September Prime Minister Boris Johnson announced wide-ranging measures to contain the new wave of the coronavirus in England, which could be in place for at least six months. He reversed his recent call for workers to return to their offices, announced plans to shut pubs and restaurants at 10pm and scrapped plans to open up sporting events to spectators from 31 October. The objective, he said, was to avoid a second national lockdown.