Tag: government spending

Why has the UK economy been among the worst hit by Covid?

According to the latest official data, the UK has seen a larger fall in GDP during the pandemic than almost any country in Europe. The worst hit economies are actually Greece and Spain. But the UK appears to have suffered much more than France, Germany, Italy, or Sweden. This needs some explaining. Let’s deal first … Continue reading Why has the UK economy been among the worst hit by Covid?