Coronavirus news - live: UK households face £1,700 hit to incomes from pandemic, as government reapplies northern lockdown after 24 hours

The UK faces a permanent £33bn annual hit to the economy as it emerges from the pandemic, the Bank of England governor has told MPs.

Andrew Bailey said behavioural shifts, such as people being more cautious about going out, would cut GDP by 1.5 per cent every year, translating to around £1,700 per household per year.

Meanwhile, lockdown measures have been reimposed in Covid-hit northern towns after just 24 hours, in another government U-turn.

In Scotland, restrictions on visiting other households were reintroduced in Glasgow and two neighbouring areas following a rise in Covid-19 cases.

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