The UK economy grew by a record 15.5% in the third quarter, but the second lockdown could derail recovery. The Q3 bounce marks the UK's sharpest quarterly expansion since records began, but GDP is still 8.2% lower than February 2020 levels. It's also crunch time for the retail sector, COVID-19 will accelerate the clearance of dead wood from the retail forest and only the nimblest of retailers with good management, a sound business model and an attractive customer offering will flourish post-pandemic.
