Array

Britain’s bounceback – a forecast for the coming year

The novel coronavirus tore through the United Kingdom for the first time in March 2020 and again in December 2020. Three harsh lockdowns gripped the country over the year, with businesses forced shut and consumers locked at home. This caused countless companies to die, government spending to skyrocket and real GDP to shrink by almost 10%.

Looking forwards

With Wales leading the world in vaccinations, and the other three countries not far behind, the hospitalisations and deaths from COVID have plummeted to rates not seen since the summer lockdown of 2020.

Wales leads the global vaccination race. | Source: New Statesman analysis, Our World In Data, gov.uk, ONS.

Therefore, economists are hugely optimistic for the UK’s economic comeback this year, with them forecasting that the country could see economic growth between 4.6% and 5.0% this year, hopefully avoiding a double-dip recession.

There are also forecasts that the economy could match that of pre-COVID UK by the middle of 2022.

Challenges

However, the UK must remain vigilant of new variants, as they have failed to do so in the past. The now-dominant Delta variant has pushed back the government’s aspired lockdown-ending date of June 21st.

So global vaccinations and genome mapping must be a focus of not just the UK Government, but many governments across the world if we hope to restore our global systems.

Do you want to publish on Apple News, Google News, and more? Join our writing community, improve your writing skills, and be read by hundreds of thousands around the world!

+ Israel’s Netanyahu likely out of power after 12 years, at crucial time for Middle East
+ Time of the day can affect immune system, a new study hints

Related Stories

Scientists use genetics to save the threatened the Amazon parrots

Researchers from Oakland University are mapping genomes from the amazon parrots in an effort to save them from extinction....

Not-So Eternal: The Eternals trailer ironically signals expiration of interest in MCU

We are a little less than a month away from the release of Marvel Studio’s Black Widow on July...

Featured Stories

India is one of the largest producers of COVID vaccine and yet faces major internal shortages

The worsening situation in India finally gained some stabilization around September 2020. Usually, when things start getting better, people...

The US supports easing patent rules on Covid-19 after intense internal debate…

Since the coming of the pandemic, there has been a lot of debates and questions around the Covid-19 vaccines....

Itziar Ituno says farewell to Inspector Lisbon in Money Heist

After Pedro Alonso (Berlin), Miguel Herrán (Rio), and Jaime Lorente (Denver), it is now Itziar Ituño who has fastened...

Abell 3827 Galaxy Cluster – Another stunning image from Hubble

You are looking at one of the stunning images of the galaxy cluster Abell 3827 taken by the Hubble...

Russia produced the World’s First Covid vaccine for animals

Russia has produced the first batch of Covid vaccine for animals, said the country's agriculture regulator announced on Friday....

Scientists use liquid biopsy for finding residual cancer DNA

Cancer patients who go through surgery for tumor removal may occasionally require chemotherapy as there can be high chances...