THE UK's GDP SLUMPS 20.4 PERCENT IN APRIL COURTESY OF COVID-19 LOCKDOWN

Highlights

• April was the first month, when the UK saw complete lockdown with almost no economic activity

• Post-COVID, social distancing and no-deal Brexit complications will impact the country’s pace of economic recovery

• According to the OECD, the United Kingdom will witness one of the deepest recession in the world in 2020, probably the worst in last 300 years

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