GDP UK 2020 - updates

Rappler's latest stories on GDP UK 2020

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UK economy suffers worst quarterly slump since 1979

Jun 30, 2020 - 6:55 PM

The British government revises the gross domestic product contraction in the 1st quarter of 2020 to 2.2%, from the initial 2%

People enjoy the warm weather and sunshine on the southern bank of the River Thames in London on June 25, 2020. - Just days after lockdown ended and European travel restrictions were lifted, many were staying home in the cool as a heatwave hit the continent with temperatures touching 40 degrees Celcius. Britain was bracing for a flood of visitors to its beaches with the heatwave expected to last until Friday and temperatures set to climb into the mid-30s in the south and centre of the country. (Photo by Niklas HALLE'N / AFP)

UK economy shrinks a fifth on virus lockdown

Jun 12, 2020 - 6:45 PM

Britain's gross domestic product nosedives by a record 20.4% in April 2020

(FILES) In this file photo taken on March 19, 2020 A pedestrian walks along an empty street outside York Minister in the centre of York, northern England, as the novel coronavirus pandemic continues. The UK government said on June 7,2020, it will reopen places of worship "for private individual prayer" on June 15 as it continues to progressively ease coronavirus restrictions. Prime Minister Boris Johnson's office said services and worship groups will still be banned for the time being due to concern that the virus spreads more quickly in enclosed spaces. OLI SCARFF / AFP

UK economy shrinks on coronavirus

May 13, 2020 - 10:00 PM

Britain's gross domestic product contracts 2% in the 1st quarter of 2020, with the economy 'in freefall'

LOCKDOWN. A man walks the near-deserted streets of London on April 16, 2020. Photo by Tolga Akmen/AFP

UK economy to plunge 14% in 2020 on virus, warns Bank of England

May 07, 2020 - 7:15 PM

Bank of England Governor Andrew Bailey says the government's soon-to-be-announced decision on lockdown restrictions 'will shape the path by which the economy is brought back into action'

A man walks the near-deserted streets of the City of london on April 16, 2020, during the novel coronavirus Covid-19 pandemic. - The British government on Thursday was expected to extend a nationwide lockdown for another three weeks, while the country's coronavirus death toll spiked by 861 -- a greater increase than in recent days. (Photo by Tolga AKMEN / AFP)

UK GDP could 'fall 13%' in 2020 as virus death toll climbs

Apr 15, 2020 - 2:30 AM

(UPDATED) The Office for Budget Responsibility warns that the impact of the coronavirus pandemic would be a bigger shock to the United Kingdom economy than the 2008 financial crisis

SOCIAL DISTANCING. A single customer sits at the bar in a near-empty pub in central London on March 17, 2020. Photo by Justin Tallis/AFP