https://www.relawding.com/the-impact-of-covid-19-on-the-uks-economy/?utm_source=rss&utm_medium=rss&utm_campaign=the-impact-of-covid-19-on-the-uks-economy Legal, Business and Financial News | UK & Cyprus Fri, 12 Mar 2021 13:16:24 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://www.relawding.com/the-impact-of-covid-19-on-the-uks-economy/#comment-47 Fri, 12 Mar 2021 13:16:24 +0000 https://www.relawding.com/?p=3029#comment-47 […] this will be an opportunity to analyze sectors which the UK heavily relies on to support its economy and decide if such proportions should accordingly be molded in the future. Furthermore, since the […]

]]> https://www.relawding.com/the-impact-of-covid-19-on-the-uks-economy/#comment-40 Mon, 01 Mar 2021 11:19:27 +0000 https://www.relawding.com/?p=3029#comment-40 […] In November UK GDP dropped by 2.3 percent, but the relaxation of restrictions allowed for the growth of 1 percent, which is what saved the economy from experiencing a double-dip recession, data from The Office for National Statistics shows. It was a common trend throughout 2020 for the economy to begin to recover but then fall the other way once new restrictions were implemented to combat rising numbers of positive COVID-19 cases. COVID-19 is undoubtedly the main catalyst for the UK’s economic downfall in 2020. […]

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