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Britain pandemic covid-19 record economy Britain

UK in recession for first time in 11 years as GDP figures confirm record 20.4% plunge

Britain pandemic covid-19 record economy
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www.mirror.co.uk
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Britain has been officially declared in recession for the first time since the financial crisis, due to the devastating effects of the coronavirus pandemic.

The Office for National Statistics (ONS) has confirmed the UK's nosedive back into recession after nearly 11 years, and there are fears of worse yet to come.

Fresh figures show the pandemic sent the economy plunging by a record 20.4% between April and June - with hospitality singled out as the worst-hit industry.

The stark announcement comes just a day after it was revealed nearly one million jobs had already been lost during the UK's Covid-19 lockdown.

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