UK Could Face Economic Woes as Consumer Buying May Drop Amid Panic Over Coronavirus – Report

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The ongoing spread of the COVID-19 virus is causing panic inside the UK, reducing consumer buying across the board, especially in the tourism industry. The latter could potentially lead to a drop in the country’s GDP and prevent the British economy’s swift recovery from coronavirus shocks in 2020, The Telegraph reported citing economists, industry leaders, and statistic data.

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