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Covid-19 shrinks UK economy by 20%

The UK economy saw a 20.4% contraction in GDP for the month of April due to the pandemic, three times greater than the fall experienced during the financial crisis between 2008 and 2009, the Office for National Statistics said.

At the peak of the crisis – from February 2008 to 2009 – GDP contracted 6.9%, the ONS said on 12 June in its report monthly analysis of monthly growth for production, services and the construction industries.

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