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UK GDP fall in 2020, however, was biggest in more than 300 years

23:03

UK GDP fall in 2020, however, was biggest in more than 300 years
Source: Pixabay

The UK economy in 2020 suffered its biggest decline in more than 300 years, according to revised GDP figures presented on Monday by Office for National Statistics (ONS). It then contracted by 11% as a result of the Covid-19 pandemic.

Early last year, the ONS reported that UK GDP contracted by 9.9% in 2020, marking the deepest…

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