New Coronavirus restrictions could cost the UK economy £2bn, says IEA economist
Julian Jessop comments for The Sun
Julian Jessop comments for The Times
“The pingdemic in July probably reduced UK GDP by about 0.5 per cent that month.” He said that the impact of a repeat could be greater in school term time and when labour shortages are a bigger problem and that “the new self-isolation rules could knock as much as 1 per cent off GDP in December, costing the economy at least £2 billion”.
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