The possible sharp fall in the population since the start of the pandemic may explain up to 1.8 percentage points of the underperformance of the UK economy last year relative to its peers and, more worryingly, may present a downside risk to our forecast that the UK will enjoy a complete recovery from the crisis.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.