In its update on the economy on Wednesday, the ONS also pointed to a record fall in productivity during the second quarter of the year, as more than nine million workers were placed on furlough.Its deputy national statistician, Jonathan Athow, said:"The recession brought on by the coronavirus pandemic has led to the biggest fall in quarterly GDP on record.
"Overall, productivity saw its largest-ever fall in the second quarter. Hospitality was worst hit, with productivity in that industry falling by three-quarters in recent months." "Hundreds of thousands of people have already lost their jobs, and sadly in the coming months many more will. "That's a tragedy for our country and it's happening on the PM's watch. A downturn was inevitable after lockdown - Johnson's jobs crisis wasn't."
WRONG. The governments actions have lead to a crisis on the economy.
THEY NEED TO GIVE EVERYONE 6,000 A MONTH FOR AT LEAST A YEAR SO WE CAN ALL GET BACK ON OUR FEET AND THE ECONOMY. WILL BOUNCE BACK.AND MAKE EVERYONE STOP WITH THESE OUTRAGEOUS OVER PRICING.
Um.... Good
All by design guys!!!..its one big distraction..and you all rolled over and let it happen... How sad!!!...this has been planned for generations..all that was needed was a little research.. Time you all started looking up..and seeing where the real danger is..
Well Duh.
And so is the rest of the world. So?
And all this for a “virus” smh
Wait until a revolution happens, hope people start beheading the government workers
Your failing to say it raised 8.7‰ in one month. Always doom and gloom with this garbage spreading machine.
The recession is already over as the economy is already bouncing back by nearly 10 %.
Probably the Swedish model would have worked better for the UK. Compare the outcome and you have the answer.
Right on target with amazing efficiency!
realDonaldTrump JoeBiden KamalaHarris Commmunist China by spread ChineseWuhan Viruscrippled Global Economy ! Communist China formed coalition muslim terrorism sponsor countries Pakistan,Iran threatening Global Democratic Countries !All world leaders to ContainCommmunst China!
Its the fall out from TERESA MAY .
Yes but we’re coming back strong and independant.
Question. Is it bigger than the 2008 US-led financial crisis?
Covid-19 definitely spoiler of economies to large extent but leadership own bigger share of failure and recovery process. Economies like US,EU, India, China are in mess by aggressive posture taken by their leaders in destabilising. Police of Hatred - Anti Immigrants, Migrants.
Carona virus distoroy all business .economiy recession .carona bornner China .deseace finished economiy finished. For pray always every one person .Lailaha illah anta subhaanaka ka inni kuntum minus zalemiin deseace shahtaani beemaari
No One Mentioned Brexit ?
The uk has been in recession since 2008 for everyone that doesn't live in the city of London and the South East. The Conservative government needs to abolish all taxation apart from implementing a low percentage flat tax system. But the Eton elite's don't care, we are the plebs
漂亮，自己作死，没亡国已经不错了
Economy has been unsustainable for decades now
Yeah nah heaps of Brits will be counting on 'Egg fried rice' recipe from BBCFood just to get by ahahahahahaha
At least UK is declaring the factual situation to the world. What India is doing? ALL IS WELL and the citizens suffering.
Wtf where the all money gone 😅
If anyone need any help to grow their business or any support - I would love to connect - let’s help each other
..and if we don't get rid of Trump, the US will follow.
The most deaths and the worst economic hit. The goverments handling of this was criminal and there should be an inquest.
The pound still looks good.
You mean England? The UK? Got figures for the recession in Scotland? Or Northern Ireland? Stupid journos who still don't know the difference between England, Great Britain and the UK.
Chinese would be happy
You have to own your mistake!
Largest recession because 80% of the country lacks common sense!!
Is there anyone out there that is surprised by that Keep putting these selfish bastards who have no clue in charge and this happens. Failure after failure and no consequence for them at all...and where does all the money go? Follow the money 💰
Welcome to the club
snackolympics
Thanks to likes of 'sky news' whipping up lockdown fever and ensuring minimum economics activity at every chance for last 5 months... Talk it up
Couldn’t have happened to a nicer group of people.
Well what do you expect! I'll tell you what? Blame the government! That's what you usually do!
Nothing to do with people sat on there arses while the world panicked about a flu virus and please don’t go on about I hope you don’t experience it because trust me I’ve friends with more serious shit than this
well I better go out and get more toilet roll then. seriously who gives a shit (pun intended) the recession didn't affect me the last 2 times it happened, how is this going to be any different?
Well what did you expect. ? Its not exactly breaking news .
illegal immigration both in America & the UK, coming over in small boats across the English Channel? Crossing the American Southern Border, all contribute to recession concerns. V.P. Biden picked a pro-illegal immigrant V.P. pick? The UK has done nothing to stop the invasion?
It was the hottest day of the year yesterday ...... today it’s pissing down. We will turn it around. Just wait and see ....
Well done Sky, BBC and MSM. You got what you wanted. You do realise it won't get rid of Boris dont you? He will still be PM for 4 years while normal people lose their livelihoods.
Sky News, tipping society since inception.
And it’s just going to get worse. Never seen pubs and restaurants so busy Monday - Wednesday’s. I get it’s to help the economy but some places are definitely not adhering to rules, so we are just going to end up worse off long term.
😂🤷♂️were in the tail end of a global pandemic!
Not to b so worry. It is also d scenario of entire world. It is corona effect. The economy will again b on tracks within a possible shortest time. Pl wait patiently and act sincerely on a positive out look.
But wait! The narrative all this time is how great they were doing! You mean we’ve been duped again by the Leftist media?! Lockdown the economy making people believe it will stop the virus and people end up in the streets, broke, homeless and WILL get the virus anyway...
World-beatingly shit government.
Here we go talking people into a recession again, instead of looking for ways to get people spending, scaremongering at its finest
No shit sharlock
When the manufacturing, farming and industry had been moved abroad to exploit financial and labour benefits (slave wages and conditions!) and you are left with service industries as the basis of your economy, you can expect this to be the result.
Presumably that means the poorest people will get even poorer and the rich won't feel a thing?
Well done to all the muppits that pushed the government to put us in lockdown. Should have stuck to the initial herd immunity plan.
When Tories lie about Coronavirus, our kids and people's lives, do you really trust them with the economy? You'd be mad to trust them with a blunt spoon.
Other countries locked down but the UK just pretended to. The UK 'lockdown' was never at the same level as Spain or Italy. There were still crowded tube trains, crowded bars. It wasnt a lockdown at all. UK COVIDIDIOTS
Brexited just in time for the Covid19, such foresight 😷☹️😷
Not sure it should be a shock if you were in anyway competent !! Just love the bad news every day so t you - the more the better - pile it on ! SHAME ON YOU
Look where hysteria & lockdown due to false figures has got us. all those that believed the 24 hour a day propaganda on tv should be ashamed as they are responsible for untold job losses & future suicides COVID19 the test of stupidity
Caused by LOCKDOWN! corruptukgov 🤬🤬🤬🤬🤬
Thank you president Trump for keeping us out of a recession
We’re going through a pandemic, what do you expect a Bull market?
Open up back to normal and we can fix it. Fuck this virus
Come to that conclusion a bit early
Definitely agree the lockdown created the recession .....too many businesses wi fine margins etc Government created mass hype now can’t backtrack.....
You mean wasting tax payers money on an illegal track-and-trace app and a bad plane paint job was a bad move? OH MY GOODNESS! obvious it would happen.
because of covid 19... what economy isnt in recession? look at EU and how they are crumbling to bits.
Most nations are in a recession or depression, admitedly or not
And yet Boris and his CORRUPT TORIE GOVERNMENT are still handing out millions of pounds of TAX PAYERS MONIES to there dodgy friends....
That good, strong conservative leadership. 🙄
Q1 wasn’t due to Coronavirus.
Nothing to do with a shit govt? Brexit? Austerity ?
Quick, light the Brown-signal, only chancellor Gordon can save us, like he did in '08. Tories busy undoing 12 years of their cuts, still at the troughs, aspiring to the larger arses in front ! Poor, sick, jobless, aged, underpaid etc., we know where we stand. Platitudes a go-go !
And whose fault is this? Chairman Mao?
This should surprise nobody. It was the collateral damage from the COVID-19 plan.
How far behind is Australia?
hmm
Wonder why?
Propaganda as you can expect from fake news outlet, or rather toilet system.
I’m reading so many comments it’s boris fault we had the highest death rate it’s also his fault the economy failed because we had lockdown which one is it
Of course, this is nothing to do with Johnson & his 'government' of clowns.
So you are helping by stitching up bars and pubs and trying to get them closed 👍
Better starting send illegals back then
Brexit...
You don’t Say !! Food Prices Shooting up every other day & Highway robbery’s from Shops for £1 bleach up Five Quid & exactly the Same with Hand Sanitizer & businesses prosecution’s for selling Fake Goods Shouldn’t get Loans bailing them Out , those Kill the Local economy for Shop
Well if anyone follows the drop on 8kun or X22Report. We know this is something that is created purposely by the IMF and central banking system. They charge fake governments interest on the money they lend and make the ppl pay it back by fake tax and debt slavery
China can have the credit for it.
Wow! It took 4-1/2 months for captain obvious to show up in the UK. Or maybe the news media there is so dumb it took 4-1/2 months for captain obvious to explain it to them before they understood.
Oh goody! The second 'once in a generation' recession in my lifetime. Did the first one end?
Pretty sure this is the fourth “largest recession on record” that us millennials are living through. Really fun.
I hear that we are in the worst recession of any of the G7 nations. Surely if we switch from G7 to C Major, that'll resolve everything?
No surprise when you get liberals in charge of economy. They always tend to use draconic approach towards anything. Covid gave them an opportunity to put foot on the throat
Schizophrenic Eugean Bluler probably predicted it
Hardly a surprise.
💣💩😕
Recession Do we in the UK manufacture any-thing? What ever I pick up in the shops Made in China. Once the best now zilch.
So is that a Depression?
I can't wait to live the rest of my years in economic ruin. Really the cherry on top from this marvelous experience we have to endure.
No kidding Sherlock
The UK should learn a thing or two from India. India is not at all affected by corona or lockdowns. We were already sleeping with a dead economy.
Who's willing to bet we are not being told the real extent of this disaster?
yet the premier league have single handedly block a Massive cash injection into the north east aswell as money ashley would use from the sale to prop up the high street! JOBS WILL GO! premierleague NUFCTakeover NUFC WEWANTSAUDI PremierLeagueAreCorrupt GeordiesDemandAnswers
Hbhububub
Huhbvhubhhhhhhhhu
Bubuhhuhbuvubuhubhuhbuhubububhubhubhubhubuububbubububhh
Depression
Yhhhhhh bhbubhuhububbububhuhbubbhhbububhhubbububhhbhhubuhubbubuvu vvvv vvvv bhububuhbuhubhubuhhhuhuubububuhhubbu BB hug vvvv ubhububuhububuhuhububbuhuhuh vvvv u
, L L1Y2QQ1311
What can you expect?
UbubbubuhubbubuhuhuhhububuBhubaneswar
Watch all the Tory haters use this to slander the government more when if not for the furlough scheme they'd probably be broke rn and unable to pay their bills 🤡 recession COVID19 We may be in recession but at least we're not leaving everybody with no income like the US has
Might even feel worth it - if we didn’t also have the largest death toll in Europe
With quantitive easing normal people won’t feel the effects for awhile but the rich will continue getting richer. There’s always people that see recession coming and bet against the economy.
What a surprise! But, how are we doing compared against a similar situation? Maybe, considering the circumstances, things might actually be going better than expected.
And the worse is yet to come!!
The Lockdown caused the recession. Not some mild to moderate flu-like illness.
If you put it that way, Trump will try to have a bigger one.
worldbeatingrecession
Let’s try this again as people still don’t seem to be getting it... Who has all the money? THE RICH How do things get better in a monetary based system? MONEY Who has all the money? THE RICH ...comprende?
Looking forward to brexit, all the gammon are going to starve
Ask Pakistun if you can have some of your 'FOREIGN AID' Money bay back !! Times are Tough !! 🥴😠😠
sky news sensationalising again! Why not say gdp up 8.7% and controlled reopening of economy going well
We should have extended furlough scheme to everyone and extended it for another 6months.. it's a really successful idea. Got to keep it in back pocket for next lockdown
Stop giving racists' a seat at the tables! blm20 blkprgsv4life
Who else not ? except China?
No, a Brexiter told me it's not true, so it's not true!
Shock horror, who could have seen this coming! 🤭🙄
Yet child sex trafficking is still not being talked about !
Damn Chinese govt ruined the world
All going to plan then! Well done Deep State and collaborators.
Karma at its best
No shit sherlock, it's as if it was never going to happen 😆
But we’re alive and that’s all that matters
Meanwhile the Swedish economy is growing!
Lol
Load of rubbish ... Government Scare Mongering ..
smhmarcus lol it’s falling apart
No wander with face blankies and chuffing q's when a shop is empty
Brilliant. Thanks China.
“World beating.” You utter incompetent BorisJohnson Conservatives UK recession coronavirusuk Brexit
No shit - The economy was basically locked down for months. Why is this news? Just the media creating moral panic and spreading fear as usual. Do one
Hark at the idiots on here trying to blame Brexit! 🤣The majority in this country have been living on handouts due to a killer virus for 6 mths!Brexit is fk all to do with fk all.
Recession? Wait until after Christmas when the companies start really letting people go!! Let’s tell a story about how a country killed a nation to save a minuscule percentage of people from a bad case of the flu! Oh yea, kids “get back to school!” Here comes our depression!!
Just like the rest of Europe.
Look at the Conservatives results. Plunging the country off a cliff.
The world comes out of the city of London. Its a cold. If we just say no its over
Get your headline correct - the UK was in recession but has come out of it an is in growth again.
rbrharrison It's gonna get really bad. Hope the lockdown hawks and Maskists are happy with themselves.
Waiting for the loony left to completely overlook the fact we're in a global pandemic and try let out all their pent up anger to politically point score.
Britain is a declining country, a colonist whose hands are covered with blood, will be wiped out by the world in the future.
Self inflicted recession.
All on BorisJohnson ‘s watch
The structural deficits in the UK economy and Labour Market laid bare for all to see.
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