UK’s recovery loses speed in September with worse ahead
BoE governor Andrew Bailey says news of a potentially effective Covid-19 vaccine will help lift uncertainty
12 November 2020 - 19:54
London — Britain's economy grew by a slower than expected 1.1% in September from August, lagging behind other developed nations as it struggled to recover from the shock of the pandemic even before the latest Covid-19 lockdown.
The slowdown in Thursday's official data cemented expectations that the economy will shrink again as 2020 ends, with uncertainty about the December 31 deadline for a post-Brexit European Union trade deal adding to the coronavirus drag...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.