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Guardian analysis shows mounting fears of double-dip recession as activity weakens

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Britain’s economic recovery from the coronavirus pandemic was showing signs of faltering even before the onset of a second wave in infections, a Guardian analysis of economic developments in the past month has shown.
As the chancellor, Rishi Sunak, extends job support measures to tackle growing numbers of redundancies, early warning indicators for growth suggest business activity stumbled in September before a difficult winter ahead. Global financial markets have sold off sharply and the number of car journeys being made around Britain has cooled after a late summer boom for domestic tourism. Continue reading...