Saturday, 27th April 2024
To guardian.ng
Search

UK economy enters recession after record 20% slump

The UK economy has shrunk by 20.4% between April and June, when the coronavirus lockdown was at its most severe. Experts say the downturn brought on by the pandemic led to the biggest fall in quarterly GDP on record.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
2 days ago
Eye on Africa tours the Hope Hostel in Kigali. It's one of the lodgings prepared by Rwanda to take in migrants deported from Britain, the first of whom could arrive in a few months' time under a controversial policy.
2 days ago
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
2 days ago
FG to integrate over 20% unbanked Nigerians into banking system says Shettima and more
5 hours ago
Nigeria has revoked 924 dormant mining licences while calling on investors to apply for the licences offered on a first-come, first-served basis. Meanwhile, the Lagos Chamber of Commerce and Industry is urging the government to review the mining industry strategy to attract mineral exploration investments, reignite mining project development, and accelerate new mineral discoveries.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.