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12/06/2020

Britain's GDP falls 20.4% in April as economy is paralysed by lockdown

Britain’s economy slumped by 20.4% in April in the biggest monthly decline since records began, as the coronavirus lockdown paralysed the country.

Official figures for gross domestic product (GDP), the broadest measure of economic prosperity, from the Office for National Statistics showed the impact of measures that forced businesses across the UK to close and millions of workers to be put on furlough.

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(Source The Guardian)