UK economy shrinks by one-fifth under lockdown

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UK economy shrinks by one-fifth under lockdown
United Kingdom Latest News,United Kingdom Headlines
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The UK's economy shrank by 19.1% in the three months to May, the Office for National Statistics says.

The UK's economy shrank by 19.1% in the three months to May, as the full impact of lockdown was felt, the Office for National Statistics has said.

Mr Athow told the BBC's Today programme that there could be signs of improvement in next month's release of figures. "I know people are worried about the security of their jobs and incomes. That's why I set out our Plan for Jobs last week, following the PM's new deal for Britain, to protect, support and create jobs as we safely reopen our economy.

As job losses mount, it clear that even some firms who qualify for government help, are faltering. Some won't have made it as far.

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