Here's a bit of good news for the UK - while government debt has passed a record £2trn ($2.6trn) due to the cost of the pandemic, there are also signs of recovery.
Retail sales have bounced back to pre-coronavirus levels, according to official figures.
Shops are currently selling 3% more than they did back in February, when the World Health Organisation declared a pandemic - and people are turning to high streets and shopping centres. Online sales, by contrast, have fallen by 7%.
Some of the biggest increases were in clothing sales and fuel spending.
However, the pain isn't over yet. Despite the sales boost, many retailers have already announced job losses after months of lockdown. Marks and Spencer plans to cut 7,000 jobs over the next three months, Boots is axing 4,000 roles and John Lewis intends to cut 1,300 roles.
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