UK: Keep Cautious and Carry On

<p>Executive Summary The United Kingdom is the latest major economy to report the negative effects of COVID-19 on economic activity. Q1 GDP fell 2% quarter-over-quarter, with weakness in the services and industrial sector. In addition, March monthly GDP was very soft, falling 5.9% month-overmonth, largely guaranteeing another sizable contraction in the second quarter. Against the […]</p>
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