This report examines the significant impacts of the COVID-19 pandemic and Brexit on the UK economy. It details the effects of lockdown measures, including a substantial decline in GDP and business closures, and analyzes the government's economic responses such as the Bounce Back Loan Scheme, Eat Out Help Out Scheme, Job Retention Scheme, and Kickstart Scheme. The report further discusses the Bank of England's measures, including reduced interest rates and the sustenance of government bonds, aimed at stabilizing the economy. It also explores the likely impacts of Brexit, emphasizing both challenges and potential opportunities. The analysis provides a comprehensive overview of the economic landscape and offers recommendations for future improvement and enhancement of economic strategies.