What is likely to happen to the UK economy this year and what can be done about it?

It is almost unheard of for the UK economy to grow 6.6 percent in a single month, as it did in July,

but it would be wise not to break out the bunting just yet.

After the biggest downturn on record, the country has still recovered only around half of the output lost between February and May.

Growth began to slow in July as some of the “easy wins” resulting from businesses reopening after lockdown became fewer and farther between.

But things have moved substantially since then, so what might be in store for the rest of the year?

The economy will have grown further in August but we don’t yet know how much.

The consensus is that it will remain at least 5 percent below February’s level,

which would be a huge economic blow with significant consequences for people’s livelihoods.

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