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Omicron to Have Only ‘Modest Impact’ on U.K. GDP, Deutsche Says

  • Light restrictions and reduced severity keep economy going
  • Deutsche estimates 0.4 percentage-point hit to economic growth
Airline Travelers as U.K. Scraps Pre-Departure Covid Tests for Vaccinated Visitors
Photographer: Jason Alden/Bloomberg

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The omicron outbreak is likely to have only a “modest impact” on U.K. growth, according to high frequency data being monitored by Deutsche Bank.