UK economy’s collapse in 2020 was worst since 1709

The coronavirus pandemic’s economic collapse in the UK is severe, worst in three centuries. The economy contracted by 9.9 percent in 2020, initial estimates from the Office for National Statistics showed on February 12, 2021. A study of historical data by the Bank of England shows that recession to be the worst since 1709, the year known as the Great[Read More...]
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