UK risks double-dip recession amid second Covid lockdown

Economy shrinks as service sector suffers steepest fall in activity since MayCoronavirus – latest updatesSee all our coronavirus coverageBritain’s businesses are banking on vaccines to deliver them from a double-dip Covid-19 recession, according to the first snapshot of the painful economic impact of England’s four-week lockdown.Encouraging news from Pfizer, Moderna and AstraZeneca came too late to prevent the tough new restrictions imposed in early November from taking their t