Why will coronavirus hit the UK economy hardest?

Analysis: The nature of our economy and our approach to tackling the virus both play a part, writes Ben Chapman

While all countries have been hit hard by coronavirus, the UK economy is being battered more than any other developed country (AFP/Getty)

£3,833.

That is the estimated cost per person in the UK of the coronavirus pandemic this year in terms of lost output, according to the Organisation for Economic Cooperation and Development (OECD).

Collectively, it amounts to or about £253bn – or 11.5 per cent of all the goods and services the UK produces in a year.