UK economy shows biggest drop in 40 years in early 2020


LONDON: Britain's economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown.

Gross domestic product dropped by a quarterly 2.2% between January and March, the Office for National Statistics (ONS) said.

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GDP , Boris Johnson , Bank of England

   

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