NewsBot
13-Aug-20, 00:22
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
UK Officially In Recession
https://caithness-business.co.uk/image_cache/na11528_tn.jpg
The economy is in a technical recession after Quarter 2 (Apr to June) 2020 saw a record fall of 20.4%, following a significant shock since the start of the coronavirus (COVID-19) pandemic; this follows a fall of 2.2% during Quarter 1 (Jan to Mar) 2020. Monthly gross domestic product (GDP) rose by 8.7% during June 2020 but is 17.2% below February 2020 levels. [Read Full Article (https://caithness-business.co.uk/article/11528)]
UK Officially In Recession
https://caithness-business.co.uk/image_cache/na11528_tn.jpg
The economy is in a technical recession after Quarter 2 (Apr to June) 2020 saw a record fall of 20.4%, following a significant shock since the start of the coronavirus (COVID-19) pandemic; this follows a fall of 2.2% during Quarter 1 (Jan to Mar) 2020. Monthly gross domestic product (GDP) rose by 8.7% during June 2020 but is 17.2% below February 2020 levels. [Read Full Article (https://caithness-business.co.uk/article/11528)]