UK economy tanks 20.4% in April after virus lockdown
A store hold's a sale in London, Britain, on June 10, 2020. Official data shows that the Covid-19 pandemic has had a 'significant and wide-ranging negative impact' in April on British businesses. – EPA pic, June 12, 2020.
BRITAIN’s battered economy shrank by a record 20.4% in April from the previous month as the coronavirus lockdown ravaged businesses, official data showed today. The nation’s gross domestic product nosedived by more than a fifth in April, after logging a 5.8% contraction in March, the Office for National Statistics said in a statement.
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