Wednesday, August 12, 2020

U.K. economy plunges 20% as nation enters deepest recession on record

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The United Kingdom's economy shrank by a record 20.4 per cent in the second quarter when the coronavirus lockdown was tightest, the most severe contraction reported by any major economy so far, with a wave of job losses set to hit later in 2020.



source https://www.cbc.ca/news/world/u-k-economy-plunges-20-deepest-recession-on-record-1.5683019?cmp=rss

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