U.K. Economy Shrank 20% in April as Lockdown Hit

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The U.K. has suffered the largest monthly fall in output since records began in 1997

LONDON—The U.K. economy shrank by a fifth in April, a record decline that exposes the cost of nationwide lockdowns on the world’s advanced economies.

The U.K. economy shrank 20.4% in April compared with March, and was 24.5% smaller than the same month a year earlier, figures from the Office for National Statistics showed Friday. That was the largest monthly fall in output since comparable records began in 1997, the ONS said.

Source: Financial Digest (financialdigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sadly the outcome of years of bad governance in the: 🇬🇧UK&🇺🇸US regardless their self-righteous governments, impact is negative for those that don't count with an ensure comfort zone, in the society.

Thnx to our inept GOVT.

Well yeah dude

Good for the recovery of Euro & EU capital market. Brexit was a blessing!

Хорошая новость

... which actually is a good news.

Poor UK

Time to buy gold?

Mad Mad.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK economy shrank by colossal 20.4% in AprilOfficial figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its coronavirus lockdown torrance racist lady full video So allow me to get this straight - the VERY THING that AntifaTerrorist rales against - BORDERS & RULE of LAW are , as i TYPE THIS , are DOING just that or ATTEMPTING in Seattle - CREATE a 'border' & set up their own 'force' there was a man WE DEFEATED N WW2 that DONE JUST THIS
Source: ABC - 🏆 471. / 51 Read more »

UK economy shrank by more than 20% in April, largest monthly loss - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Interesting way to phrase the problem as being the medical response to the pandemic and not the pandemic but I guess money's gotta make money A second wave of this virus is coming Virus Survivors Could Suffer Severe Health Effects for Years ['
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK economy shrinks by record 20.4% in April lockdownBritain's economy shrank by a record 20.4% in April from March as the country spent the month in a tight coronavirus lockdown, official data showed on Friday in what is likely to be the low point of the slump before a long and slow recovery. Higher quality Reuters reporting could have led to better decision making leading to better outcomes ;) It's a Communist Virus. torrance racist lady full video
Source: Reuters - 🏆 2. / 97 Read more »

UK economy contracted by 20.4% in April, the largest monthly fall on recordGross domestic product in the U.K. plummeted by 20.4% in the month of April, the largest fall since monthly records began in 1997. Great News!!! Chinese researchers developing a COVID19 vaccine say it showed promise in animal trials... produced antibodies that fought against the coronavirus in monkeys, rats, guinea pigs and rabbits.... President Teeety is not talking the economy back This is a transition to perpetual poverty Кто-то верит в это?
Source: CNBC - 🏆 12. / 72 Read more »

Coachella and Stagecoach already set April dates for 2021 festivalsJust one day after Coachella and Stagecoach canceled their 2020 season due to COVID-19, the festivals set dates for 2021.
Source: EW - 🏆 713. / 51 Read more »

Coachella, Stagecoach Music Festivals Rescheduled for April 2021The Coachella Valley Music and Arts Festival and country music festival Stagecoach have been canceled for 2020 and rescheduled with new dates set for April 2021
Source: THR - 🏆 411. / 53 Read more »