The Office for National Statistics says the economy of the United Kingdom has shrank by a record 9.9% since the pandemic began.
The Office for National Statistics says the economy of the United Kingdom has shrunk by a record 9.9% since the pandemic began,buthasnarrowlyavoidedadouble-diprecession.Thisisnonethelessestimatedtobethelargestannualfallsince1709.
The Office for National Statistics says thatthe economy of the United Kingdom has contracted by a record 9.9% since the pandemic began, but has narrowly avoided a double-dip recession. This is nonetheless estimated to be the largest annual contraction since 1709.
