Double shock warning

The COVID Diaries – 121 28th July

Analysis by the London School of Economics has found that Brexit will deliver a double shock to the economy, with business conditions worsening for those sectors that have survived the impact of coronavirus and lockdown measures.

“Our analysis shows that the sectors that will be affected by Brexit and those that are suffering from the Covid-19 pandemic and lockdown are generally different from each other,” said Swati Dhingra, an economics professor who co-authored the report (quoted in The Guardian).

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