The Economic Position Of The United Kingdom

Download or read book OECD Economic Surveys: United Kingdom 2020 written by OECD and published by OECD Publishing. This book was released on 2020-10-14 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like many countries, the United Kingdom has been hit severely by the COVID-19 outbreak. A strict lockdown was essential to contain the pandemic but halted activity in many key sectors. While restrictions have eased, the country now faces a prolonged period of disruption to activity and jobs, which risks exacerbating pre-existing weak productivity growth, inequalities, child poverty and regional disparities. On-going measures to prevent a second wave of infections will need to be carefully calibrated to manage the economic impact.