UK is only G7 country with smaller economy than before Covid-19

[muriel_volestrangler]

A weaker than expected recovery from the coronavirus pandemic has left the UK as the only G7 country with a smaller economy than in early 2020, according to official figures likely to further undermine the government’s tax-cutting measures.

Before the prime minister and chancellor’s meeting with the head of the government’s independent forecaster on Friday morning, the Office for National Statistics (ONS) released figures showing that rather than the economy being 0.6% larger than in February 2020, a combination of a deeper recession during the pandemic and a weak recovery had left it 0.2% smaller.
...
Analysts said Richard Hughes, the head of the Treasury’s independent forecaster, the Office for Budget Responsibility, would be forced by the new figures to take a tough stance on assessing the impact of further borrowing on the public finances.

All the other major economies in the G7, including France and Italy, recovered strongly enough to be larger than they were in February 2020.

https://www.theguardian.com/business/2022/sep/30/uk-is-only-g7-country-with-smaller-economy-than-before-covid-19

US 2.6%
Canada 1.7%
Italy 1.1%
France 0.9%
Japan 0.6%
Germany 0%
UK -0.2%

And after that, the Tories have tanked the economy - house price slump predicted, emergency Bank of England action to prevent pension fund failures, widespread predictions they will now cut public spending to pay for the tax cuts for the rich ...