Economy

UK economy suffers biggest fall since 1709 : The Tribune India

Read more at www.tribuneindia.com

London, February 12

The British economy suffered its biggest decline in more than 300 years in 2020 as the coronavirus pandemic closed shops and restaurants, devastated the travel industry and curtailed manufacturing.

The economy shrank 9.9% last year, more than twice the figure for 2009 at the height of the global financial crisis, the Office for National Statistics said Friday. The drop is the largest since 1709. — AP

Read more at www.tribuneindia.com

Show More

Related Articles

Back to top button