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Meanwhile the economy unexpectedly shrank in April to mark the first consecutive GDP contractions since the start of the Covid pandemic — and the U. However, economists broadly expect whichever candidate takes the reins from Johnson to up the ante on fiscal support for the ailing economy. Modupe Adegbembo, G-7 economist at AXA Investment Management, said a key question is whether Johnson uses his "caretaker" period as prime minister — should he be granted one — to push through short-term fiscal policies.
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