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

Posted by on June 12, 2020 2:07 am
Categories: Global Stories

Latest figures reflect many businesses closing down and workers on placed on furlough

Britain’s economy slumped by 20.4% in April from the previous month as the coronavirus lockdown paralysed the country.

Official figures for gross domestic product (GDP) 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. April was a particularly tough month for employees and companies, with vast swathes of the UK economy unable to operate, although some measures are now being eased.

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