GDP may not return to pre-pandemic levels until 2025, analysts predict


 

GDP may not return to pre-pandemic levels until 2025, according to analysis by recruiters Driver Require. Its forecast data, interpreting the likely consequences for the UK economy and specifically the impact on the haulage and logistics sector, showed that the GDP drop for March was already more than the 2008 crisis and indications are it will continue to worsen until we are out of the lockdown phase. Kieran Smith, Driver Require chief executive said average GDP forecast figures are -14% for […]