UK GDP growth: why experts say it could have been much better | UK news

The bounceback in the UK economy in the third quarter was record breaking, but the response from business groups, trade unions and many economists was that it might have been so much stronger.

If only the government had signalled in July it would keep the furlough scheme in place until next March, as it was subsequently forced to do.

If only the gaps in the first wave of the chancellor’s rescue schemes, which left millions of people without a coronavirus safety net, had been filled.

And how much more rocket fuel would the recovery have benefited from had No 10 and the Treasury stopped bickering about the trade-offs between the health of the nation and economic growth.


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