Covid-19 plunges UK economy into deepest ever recession - ONS
GDP fell by 20.4% in three months to June
GDP fell by 20.4% in the three months to June
The UK economy suffered a record collapse in the second quarter, with gross domestic product plunging 19.8% between April and June, according to the Office for National Statistics (ONS).
The figures confirm that the UK has now entered the biggest recession on record after GDP fell for two consecutive quarters. The fall is slightly less than the initial estimate of a 20.4% but still...
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