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27996846185_131e06813d_b.jpg?profile=RESIZE_400xThe UK economy could take until 2024 to return to the size it was before the coronavirus lockdown, according to analysis from the EY Item Club.

The forecasters, who use a similar economic model to the Treasury, suggest unemployment will rise to 9% from 3.9%.

They also estimate the economy will shrink by 11.5% this year, worse than the 8% they predicted only a month ago.

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BBC News

 

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