The Office for National Statistics (ONS) has confirmed the UK’s nosedive back into recession after nearly 11 years.
Fresh figures show the pandemic sent the economy plunging by a record 20.4% between April and June.
The stark announcement comes just a day after it was revealed nearly one million jobs had already been lost during the UK’s Covid-19 lockdown.
The UK economy contracted by 20.4% in the second quarter of 2020, as the Covid-19 lockdown pushed the country into an unprecedented slump.
The ONS confirmed the official recession declaration on Wednesday, in a major milestone for a flailing UK economy.
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