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  • the UK is back in lock down and it looks like an economic rebound was already cooling off even before the new restrictions were imposed.

  • Figures out Thursday showed a slower than expected expansion, off 1.1% on the month in September.

  • Economists polled by Reuters had forecast 1.5% over the quarter.

  • Things look a little rosier.

  • GDP grew by a record 15.5% between July and September compared with the previous three months.

  • But that still failed to make up for the crash in the previous period, when the economy was in the grip off the first lock down, the Bank of England last week predicted that the world's sixth biggest economy would shrink by a record 11% this year.

  • Since then, however, news off a potential vaccine has raised hopes off a stronger rebound, even if some Londoners at least remain to be convinced I'd be I wouldn't initially take it, Um, because yeah, well, I need to know far more about it.

  • I think anything about what it means for kids, and that's the thing.

  • So I wouldn't jump at it straight away.

  • Well, now the economy is being propped up with emergency spending off about £200 billion about $264 billion.

  • But Finance Minister Richie Sunny concedes that the latest restrictions will probably have caused a further slowdown.

  • And even when locked down to ends, another uncertainty looms.

  • The UK and you still have no agreement on a Brexit trade deal on DTI, time is fast running out.

the UK is back in lock down and it looks like an economic rebound was already cooling off even before the new restrictions were imposed.

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B1 rebound economy september previous lock richie

UK rebound losing speed, even before lockdown

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    林宜悉 posted on 2020/11/14
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