UK Teeters on the Brink: A Historic 11.3% Economic Decline

UK Teeters on the Brink: A Historic 11.3% Economic Decline

The British economy has suffered the worst recession in the history of 300 years. Due to the corona restrictions, the British economy has suffered a serious disaster. British Chancellor Rishi Sanak says that recovery of the economy may take 2 years.

According to a report, British Chancellor Rishi Sanak has said that this year the economy has decreased by 11.3%. If the country’s economy does not improve soon, the long-term effects may last till 2025.

It should be remembered that the number of corona virus cases in the UK has exceeded 1.5 million, Britain is the fourth largest country in terms of deaths, the number of deaths from the virus has exceeded 46 thousand.

Two days ago, the British Prime Minister announced the end of the lockdown in the first week of December.

According to a foreign news agency, British Prime Minister Boris Johnson said that the national lockdown will end on December 2. After which gyms and shops will also open from December 2.

He said that the places where there is a risk of corona spread will be kept closed while assigning more powers to the local governments.

On the other hand, the Corona vaccine developed by the well-known British University of Oxford has been declared highly effective and the vaccine developed by Oxford University has proven to be 70% effective in dealing with Corona.

According to media reports, the British government had ordered 100 million doses of the Corona vaccine developed by Oxford University.

According to media reports, British Prime Minister Boris Johnson said that the results during the preparation of the vaccine are very impressive. However, more safety checks of the vaccine are yet to be done.

According to media reports, the vaccine will be cheaper and easier to store.

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