The UK economy contracted by a record 20.4 percent in April, due to the nationwide lockdown and strict quarantine rules imposed amid the Covid-19 outbreak. Dramatic drops were recorded in all sectors.
The fall in Britain’s monthly GDP for April is the biggest monthly drop since records began in 1997, the Office for National Statistics (ONS) reported. “Record falls” were seen in all sectors, as services went down by 19 percent, while manufacturing dropped by 24.3 percent and construction by 40.1 percent.
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