'Red Wall' communities to be hit harder by coronavirus recession than the South, report finds
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The recession caused by the crisis, which Chancellor Rishi Sunak this week acknowledged would be “the likes of which we have never seen” will see an average fall of 12 per cent in permanent losses in economic output over the next five years across the so-called Red Wall, the Centre for Progressive Policy found.
It means areas in the North and the Midlands would be hit harder than communities in the South East, which would see average losses of five per cent.
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