The coronavirus lockdown measures have now officially pushed the UK into an economic recession following the biggest slump on record during April to June this year. A Briefing Paper for the House of Commons said:

“Consumers may be reluctant to return to ‘normal’ spending patterns. This may be due to health concerns but also perhaps due to concerns over their income. A key factor will be how high unemployment levels rise. Particularly important is how many employees currently furloughed will return to work and how many will become unemployed. Uncertainty may also dampen businesses’ inclination to invest.”