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After Covid passes there will be the inevitable economic recovery. Will it be a long slow recovery or a rapid bounce back to the economy we had in February 2020? I believe there will be a rapid recovery, mainly due to the fact that we ve sunk to such a low base. By April 2020, UK GDP had fallen 25% in two months. They did recover as the lockdowns ended but the Bank of England (BOE) have forecast a UK GDP growth of -11% in 2020 and a +7% in 2021. A decline like the Covid dip hasn t been seen since World War Two. The good news, however, is the pace of recovery and most economists predict it will be rapid.

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