In the second quarter, the decline in the gross domestic product (GDP) of the United Kingdom reached 20.4% according to data revealed by the British Statistical Office (ONS) on Wednesday August 12, explains the British media Sky News. A second quarter of consecutive decline, which should send the country into recession. This is a first since the financial crash of 2008.
Why are we talking about it. This decline is the worst drop in Europe, while in France it is 13.8% and in Italy 12.4%. Particularly affected by the pandemic, the country had to impose one of the longest lockdowns on the continent after reluctant to do so. Since the start of British containment, 730,000 jobs have been cut. Sky News says, however, that an increase of around 8% is expected in June, after the restrictions are eased.
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