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The cost of the virus and the lockdown
Archived Message
Posted by Mary
on May 13, 2020, 8:15 am
Recent articles by Richard Partington in the Guardian on the economy.
https://www.theguardian.com/profile/richard-partington
The BBC article (unattributed) is more gloomy.
'The UK economy shrank at the fastest pace since the financial crisis in the first quarter of 2020 as coronavirus forced the country into lockdown.
The Office for National Statistics said the economy contracted by 2% in the three months to March, following zero growth in the final quarter of 2019.
The decline was driven by a record fall in March, and reflects just one full week of lockdown.
Analysts said the economy would suffer a bigger slump in the current quarter.'
https://www.bbc.co.uk/news/business-52641807
Message Thread:
The cost of the virus and the lockdown
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Mary
May 13, 2020, 8:15 am
'shrank', 'contracted', 'zero-growth'! One unforeseen result of 'pandemic' has been the de-tabooing
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Rhisiart Gwilym
May 13, 2020, 9:34 am
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