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<article data-history-node-id="56" role="article" about="/economy/covid-19s-impact-uks-economy" class="node node--type-economy node--view-mode-full clearfix">
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            <div class="clearfix text-formatted field field--name-field-paragraphe-left-economy field--type-text-long field--label-hidden field__item"><p style="text-align:justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The coronavirus pandemic has affected human lives in many ways. From getting locked in our own houses to people losing their lives.</span></span></span></span></span></span></p>
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<div class="block block-layout-builder block-field-blocknodeeconomyfield-paragraphe-economy-1">
  
    
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            <div class="clearfix text-formatted field field--name-field-paragraphe-economy-1 field--type-text-long field--label-hidden field__item"><p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">This coronavirus outbreak has a substantial economic impact on nearly every country. The economy of the United Kingdom was also affected by the outbreak. The effect of lockdown rules, which have resulted in the closure of several businesses in order to minimize mobility, has been disastrous for the UK economy.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The scale of the economic downturn brought on by the outbreak is unmatched in contemporary history. In 2020, the GDP of the UK fell by 9.8%, the sharpest loss since the year 1948 when the record started and the largest in over 300 years, according to some estimates.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">In April 2020, during the first lockdown, the GDP of the UK was lowered by 25% than it had been in February 2020. The economy began to perk up in the summer and spring, signaling the economy's opening and restrained demand from the very first lockdown.</span></span></span></span></span></span></p>
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            <div class="clearfix text-formatted field field--name-field-paragraphe-economy-2 field--type-text-long field--label-hidden field__item"><p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">In April 2020, during the first lockdown, the GDP of the UK was lowered by 25% than it had been in February 2020. The economy began to perk up in the summer and spring, signaling the economy's opening and restrained demand from the very first lockdown.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">In November, a second lockdown occurred which was short-lived but resulted in yet another monthly drop in GDP. The restrictions were temporarily relaxed in the following month but tighter lockdowns had been reintroduced in January 2021 due to the new virus strain driving higher corona infection rates. Another drop in GDP as a result of this.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">All of the key elements of monthly GDP were below pre-pandemic levels in February 2021. The major cause of this drop was drop-in services, which were 8.8% lower in February 2021 than they were in February 2020.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">Although the service industry has yet to return back to the pre-pandemic level, there are certain industries that have been hit worse than others such as the areas of transportation, accommodations, entertainment, travel agencies, arts.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">Manufacturing dropped by 4.2% in February 2021 than in February 2020 which was the largest contributor to the drop in production. Since, production has not returned back to the pre-pandemic level certain industries that are hit more as compared to others are: coal and lignite mining, aviation and spacecraft manufacturing, coke, and refined petroleum production.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">Even though the GDP was dropping the economy has been seen to be adapting effectively, with a significantly lower drop in economic output in early 2021, as GDP dropped by 2.5% in January when compared with spring 2020 lockdown. In March 2021, UK's GDP was 6% below what it had been prior to the outbreak.</span></span></span></span></span></span></p>

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                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid.webp?itok=fp_szady 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid.webp?itok=iOpD1dcq 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid.webp?itok=KgU5hcsN 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid.jpg?itok=fp_szady 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid.jpg?itok=iOpD1dcq 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid.jpg?itok=KgU5hcsN 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid.jpg?itok=fp_szady 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid.jpg?itok=iOpD1dcq 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid.jpg?itok=KgU5hcsN 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid.jpg?itok=fp_szady" alt="Covid " typeof="foaf:Image" />

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          <div class="views-row"><div class="views-field views-field-title"><span class="field-content"><a href="/economy/categories-individuals-most-impacted-poverty-uk" hreflang="fr">Categories of individuals most impacted by poverty in the UK</a></span></div><div class="views-field views-field-field-image-economy-1"><div class="field-content">  <a href="/economy/categories-individuals-most-impacted-poverty-uk">  <picture>
                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-3.webp?itok=Vm9PunXK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-3.webp?itok=xSG-iIPH 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-3.webp?itok=UIZHF4mn 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-3.jpg?itok=Vm9PunXK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-3.jpg?itok=xSG-iIPH 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-3.jpg?itok=UIZHF4mn 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-3.jpg?itok=Vm9PunXK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-3.jpg?itok=xSG-iIPH 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-3.jpg?itok=UIZHF4mn 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-3.jpg?itok=Vm9PunXK" alt="Poverty " typeof="foaf:Image" />

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</div></div><div class="views-field views-field-field-paragraphe-left-economy"><div class="field-content"><p class="text-align-justify"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="line-height:200%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">Every household can have financial difficulties and struggle to make ends meet. Sickness, unemployment, and family separation are all things that might occur in one's life. </span></span></span></span></p>
</div></div></div>
    <div class="views-row"><div class="views-field views-field-title"><span class="field-content"><a href="/economy/poverty-uk-2021" hreflang="fr">Poverty in the UK 2021</a></span></div><div class="views-field views-field-field-image-economy-1"><div class="field-content">  <a href="/economy/poverty-uk-2021">  <picture>
                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-1.webp?itok=7QI_uXnE 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-1.webp?itok=phVC9sHv 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-1.webp?itok=H9oVER7s 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-1.jpg?itok=7QI_uXnE 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-1.jpg?itok=phVC9sHv 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-1.jpg?itok=H9oVER7s 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-1.jpg?itok=7QI_uXnE 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Poverty-1.jpg?itok=phVC9sHv 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Poverty-1.jpg?itok=H9oVER7s 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Poverty-1.jpg?itok=7QI_uXnE" alt="Poverty " typeof="foaf:Image" />

  </picture>
</a>
</div></div><div class="views-field views-field-field-paragraphe-left-economy"><div class="field-content"><p style="text-align:justify"><span style="font-size:12pt"><span style="text-justify:inter-ideograph"><span style="line-height:150%"><span style="font-family:SimSun"><span lang="EN-US" style="font-family:&quot;Times New Roman&quot;,serif" xml:lang="EN-US"><span style="color:#0e101a">Can you survive with less than $2 a day? </span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:12pt"><span style="text-justify:inter-ideograph"><span style="line-height:150%"><span style="font-family:SimSun"><span lang="EN-US" style="font-family:&quot;Times New Roman&quot;,serif" xml:lang="EN-US"><span style="color:#0e101a">It seems unimaginable right? </span></span></span></span></span></span></p>
</div></div></div>
    <div class="views-row"><div class="views-field views-field-title"><span class="field-content"><a href="/economy/covid-19s-impact-uks-economy" hreflang="fr">COVID- 19’s Impact on the UK’s Economy</a></span></div><div class="views-field views-field-field-image-economy-1"><div class="field-content">  <a href="/economy/covid-19s-impact-uks-economy">  <picture>
                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid-1.webp?itok=RW1WNOWK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid-1.webp?itok=1o8CVj-O 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid-1.webp?itok=VTRfTqC9 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid-1.jpg?itok=RW1WNOWK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid-1.jpg?itok=1o8CVj-O 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid-1.jpg?itok=VTRfTqC9 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid-1.jpg?itok=RW1WNOWK 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Covid-1.jpg?itok=1o8CVj-O 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Covid-1.jpg?itok=VTRfTqC9 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Covid-1.jpg?itok=RW1WNOWK" alt="Covid " typeof="foaf:Image" />

  </picture>
</a>
</div></div><div class="views-field views-field-field-paragraphe-left-economy"><div class="field-content"><p style="text-align:justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The coronavirus pandemic has affected human lives in many ways. From getting locked in our own houses to people losing their lives.</span></span></span></span></span></span></p>
</div></div></div>
    <div class="views-row"><div class="views-field views-field-title"><span class="field-content"><a href="/economy/impact-climate-change-uk" hreflang="fr">Impact of Climate change on the UK</a></span></div><div class="views-field views-field-field-image-economy-1"><div class="field-content">  <a href="/economy/impact-climate-change-uk">  <picture>
                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Climate-1.webp?itok=yZgOwTxN 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Climate-1.webp?itok=XRl5mG0q 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Climate-1.webp?itok=bgDDhSwi 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Climate-1.jpg?itok=yZgOwTxN 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Climate-1.jpg?itok=XRl5mG0q 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Climate-1.jpg?itok=bgDDhSwi 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Climate-1.jpg?itok=yZgOwTxN 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Climate-1.jpg?itok=XRl5mG0q 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Climate-1.jpg?itok=bgDDhSwi 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Climate-1.jpg?itok=yZgOwTxN" alt="Climate " typeof="foaf:Image" />

  </picture>
</a>
</div></div><div class="views-field views-field-field-paragraphe-left-economy"><div class="field-content"><p class="text-align-justify"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="line-height:125%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The world is suffering from climate change. The UK too is suffering. Global warming has a vast and diverse impact on people's lives in the United Kingdom. </span></span></span></span></p>
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    <div class="views-row"><div class="views-field views-field-title"><span class="field-content"><a href="/economy/b-its-impact-uk-economy-business-decreases-significantly-eu" hreflang="fr">B Its impact on the UK economy as the business decreases significantly with EU</a></span></div><div class="views-field views-field-field-image-economy-1"><div class="field-content">  <a href="/economy/b-its-impact-uk-economy-business-decreases-significantly-eu">  <picture>
                  <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Betrix-1.webp?itok=w9EE6Lie 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Betrix-1.webp?itok=j40J9iIc 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Betrix-1.webp?itok=XmLmI259 800w" type="image/webp" sizes="(min-width: 1290px) 1290px, 100vw"/>
              <source srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Betrix-1.jpg?itok=w9EE6Lie 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Betrix-1.jpg?itok=j40J9iIc 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Betrix-1.jpg?itok=XmLmI259 800w" type="image/jpeg" sizes="(min-width: 1290px) 1290px, 100vw"/>
                  <img srcset="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Betrix-1.jpg?itok=w9EE6Lie 325w, /sites/default/files/styles/max_650x650/public/economy/galerie/2021-09/Betrix-1.jpg?itok=j40J9iIc 650w, /sites/default/files/styles/max_1300x1300/public/economy/galerie/2021-09/Betrix-1.jpg?itok=XmLmI259 800w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/economy/galerie/2021-09/Betrix-1.jpg?itok=w9EE6Lie" alt="Betrix " typeof="foaf:Image" />

  </picture>
</a>
</div></div><div class="views-field views-field-field-paragraphe-left-economy"><div class="field-content"><p style="margin-top:16px; text-align:justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt" xml:lang="EN-US"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The United Kingdom's decision to withdraw from the European Union on June 23, 2016, is referred to as "Brexit." It is a mix of the words "Britain" and "exit."</span></span></span></span></span></span></p>
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