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UK economy shrinks by record 9.9% in 2020 pandemic

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The biggest fall in national income for 311 years. That is the startling economic cost revealed today of a year of restrictions and lockdowns. (Subscribe: https://bit.ly/C4_News_Subscribe)

But despite the gloom, some brave souls see grounds for optimism.

The Bank of England's chief economist believes the economy is a "coiled spring" ready to bounce back.
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