UK economy hit by sharpest fall in 41 years amid Covid-19 crisis

United Kingdom News News

UK economy hit by sharpest fall in 41 years amid Covid-19 crisis
United Kingdom Latest News,United Kingdom Headlines
  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

GDP figures show impact of coronavirus pandemic was worse than first thought

Britain’s economy contracted by 2.2% in the first three months of 2020 – its sharpest decline in more than 40 years – as the immediate impact from the Covid-19 pandemic provided an even more severe hit to output than first thought.

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:

The Guardian /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

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

Coronavirus UK map: the latest deaths and confirmed Covid-19 casesCoronavirus UK map: the latest deaths and confirmed Covid-19 casesLatest figures from public health authorities on the spread of Covid-19 in England, Scotland, Wales and Northern Ireland. Find out how many confirmed cases have been reported in each local authority
Read more »

Boris Johnson says Covid-19 disaster for UK and pledges 'Rooseveltian' strategyBoris Johnson says Covid-19 disaster for UK and pledges 'Rooseveltian' strategyPM rejects imminent inquiry into deaths, as Keir Starmer calls for July budget
Read more »

Coronavirus UK map: the latest deaths and confirmed Covid-19 casesCoronavirus UK map: the latest deaths and confirmed Covid-19 casesLatest figures from public health authorities on the spread of Covid-19 in England, Scotland, Wales and Northern Ireland. Find out how many confirmed cases have been reported in each local authority
Read more »

UK home loans fall 90% since start of Covid-19 crisisUK home loans fall 90% since start of Covid-19 crisisFigures drop to lowest rate since at least the early 1990s, says Bank of England
Read more »

Diabetes UK calls for extended home working for people in Covid-19 risk groupsDiabetes UK calls for extended home working for people in Covid-19 risk groupsCharity says those who cannot safely return to workplaces should get financial help
Read more »

UK coronavirus death toll hits 43,569 as 19 more die from bug in EnglandUK coronavirus death toll hits 43,569 as 19 more die from bug in EnglandTHE UK’s coronavirus death toll has risen to at least 43,569 today after 19 more fatalities were recorded in hospitals across England. It brings the total number of Covid-19 deaths in English…
Read more »



Render Time: 2025-02-24 10:12:23