Another lockdown due to Omicron could see unemployment rise above 2 million, economists warn
The i says EXCLUSIVEEven Plan B restrictions such as social distancing and working from home would cost UK plc billions, according to experts
Another Covid-19 lockdown due to the Omicron variant could result in unemployment rising to two million for the first time in seven years, leading economists have told i.
Experts also fear any restrictions that allow only essential shops to open may cost the UK economy £6bn for every month of lockdown.
Even if lesser measures in the Government’s Plan B – such as social distancing in public spaces and working from home – are introduced, economists predict UK Gross Domestic Product (GDP) could be hit by as much as 2 per cent, which would wipe £4bn off the balance sheet each month restrictions remain in place.
https://inews.co.uk/news/lockdown-omicron-unemployment-2-million-economists-warn-1338049
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