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Coronavirus - June 12 - Weekly update

UK Economy shrinks by a record 20.8%

The annualised contraction in the economy in April was three times greater than the decline seen during the whole of the 2008 to 2009 downturn.Prime Minister Boris Johnson said he was “not surprised” by the figures, which go some way to outlining the significance of the impact the pandemic will be having on the UK’s purse.

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12th-june-2020-dwm-update.pdf 164KB