UK economy shrinks by one-fifth under lockdown

UK economy shrinks by one-fifth under lockdown

BBC·2020-07-14 14:55

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The UK's economy shrank by 19.1% in the three months to May, as the full impact of lockdown was felt, the Office for National Statistics has said.

The economy actually grew by 1.8% in May, but this was not enough to make up for the fall of 6.9% in March and the record 20.4% decline in April.

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UK Business Economy