Breaking News image

The UK economy suffered its biggest slump on record between April and June as coronavirus lockdown measures pushed the country officially into recession.

The economy shrank 20.4% compared with the first three months of the year.

This plunged the UK into its first technical recession – defined as two straight quarters of economic decline – since 2009.

Officials said the economy bounced back in June as government restrictions on movement started to ease.

This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts.





Source link

0 0 vote
Article Rating
0
Would love your thoughts, please comment.x
()
x