COVID-19: UK goes into recession first time in 11 years
The United Kingdom, UK, has officially fallen into recession for the first time in 11 years due to the huge impact of the coronavirus pandemic.
According to the report, the collapse in output was driven by the closure of shops, hotels, restaurants, schools, and car repair shops due to the coronavirus pandemic. Also, the construction sector was particularly badly hit, after building sites were shut down during the height of the lockdown.
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