Economics
U.K.’s Crisis Ground Zero Is Ready for Reconstruction: Eco Week
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Pedestrians sit outside closed restaurants in Covent Garden in London on March 1.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
The British economy’s worst moments in the coronavirus crisis are hopefully behind it, and hints of that thesis coming true might emerge in reports due this week.
The first expansion of U.K. services for five months, a partial rebound of retail sales and the fastest inflation since July are just some of the outcomes anticipated by economists in a slew of data for the most recent periods available in the current quarter. In a reminder of the damage caused, unemployment may also have reached the highest since 2015.