BizBeat Ep.137: UK economy suffers from both COVID-19, Brexit
Britain has just said goodbye to months of tough lockdown. Restaurants, bars and pubs have reopened. But the recovery of the economy is unlikely to be so swift. Due to a "poor COVID-19 response" and Brexit, its economy is on track to suffer a loss of 727 billion pounds in the next five years. Facing such huge financial losses, the task of reforming will be hard. CGTN's Zheng Junfeng looks at the reasons why the UK economy is in recession.