UK economy won’t reach pre-virus level so soon


LONDON: Britain’s economy will contract this quarter and it will take at least two years for gross domestic product (GDP) to reach pre-Covid-19 levels, according to a Reuters poll which also found London would agree a free-trade deal with the European Union (EU).

As a second wave of the coronavirus swept across Europe, Britain, which has suffered the continent’s highest death toll from the pandemic, reimposed tough restrictions on economic activity.

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