‘Pingdemic’ dents UK economic growth in July
The UK economy grew just 0.1% in July, with Covid self-isolation keeping many workers at home. …
July’s figures, showing the bounce-back in the economy stalling, make clear the recovery cannot be taken for granted. The cause, primarily, was the upsurge in cases across the UK, tempering the impact of the full reopening of the economy. But the impact of the supply chain crisis is also in these figures.