Britain officially entered record recession in second quarter

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Data shows the economy suffered more than any other advanced nation because it is so heavily dominated by the service sector

The economy plunged into the deepest recession on record in the second quarter of 2020 as Britain suffered a bigger blow from its Covid lockdown than almost every other major country.

 

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Because the politicians did a great job at paralysing the nation with fear. Good luck getting people back to life.

Granted, but it was also bumbling around/below 0% growth for 1-2 years. Why’s that

World beating

The telegraph have been telling us for ages a long lockdown would be bad for the economy. And we had a long lock down because the PM failed to act decisively in March.

The damage Boris and the communist sorry Conservative Party have done is staggering. BorisJohnsonMustGo

It’s because the tories have fucked up the economy. They are totally to blame. If you’ve lost your job, it’s down to Johnson’s incompetence. The rest of Europe have managed Covid 19 and their economies successfully

Flattening the curve, cost you 583 Billion USD! Time to hold these so called SAGE experts to account. Politicians & Experts, Cowards every single one of them! A bunch of cry baby, panic merchants. Intellectual lightweights, no spine, fortitude or strength.

Shows the restaurant voucher was a good move, for many reasons...we must support boots on the ground.

Manufactured Crisis drives largest UK Recession!, - Sterile, Dead & Socially unworkable Society! as a result of asking Scientists & Medical experts to provide advice outside their field of expertise. - Millions lose their Jobs & Government expense Soars! - Enabled by the Media!

The service sector was hardly touched; the rest has been allowed to wither on the vine in the name of multi-nationalism. You idiots brought this about, so don't start analysing anything until you contemplate the navels of the Barclay brothers and their ilk. Thatcherism: yuk.

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And that’s as a result of what exactly?

UK got a vantage. Can make the emission of here owne coin. Means a lot. Even when was member of the UE always did. Dont gone be great thing not so well but...

I'm not actually qualified to talk about how if q2 fell by it's recovering in Q3 then it's not a recession but our economists or number astrologists are illiterate and hate our people

Thanks to Maggie for destroying our industrial base.

Ok

yeah well if you remove passporting rights from the service sector it will fk the country.

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