UK ECONOMY - LOCKDOWN FALLOUT

 

Lockdown fallout pushes UK economy into 'perma-stagnation' as thousands give up jobs or retire after pandemic, with Bank of England warning Britain is facing highest tax burden in 70 years

Increasing numbers of Baby Boomers - those considered between 58 and 76 years of age - have reached retirement age in recent years, while middle-aged workers also quit in droves during Covid-19.