Third lockdown will cost UK economy billions

Monetary Policy

Third lockdown will cost UK economy billions

5 January 2021

In the Media | Monetary Policy

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Julian Jessop analysis quoted by Bloomberg

In a Bloomberg article warning that the UK economy is heading towards a double dip recession, analysis by IEA Economics Fellow Julian Jessop was included suggesting the lockdown could cost the economy £18 billion a month- the equivalent of 18% of gross domestic product.

Read the full article here.

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