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UK enters recession after coronavirus crisis shrinks the economy | ITV News
Britain has officially entered into recession after the coronavirus crisis saw the economy contract by a record 20.4% between April and June, the Office for National Statistics has said. | ITV National News
www.itv.com
The UK has officially entered into recession after the coronavirus crisis caused the economy to contract by a record 20.4% between April and June.
It is the "largest recession on record", the Office for National Statistics (ONS) said, and the first time a recession has been declared in the UK since the financial crash of 2008.
The record-breaking contraction in the second quarter follows a 2.2% fall in the previous three months.
The UK has officially entered recession. So what is your opinion on that? Are you surprised that this happened? Not surprised?