5 Things You Need To Know, Today, on Wednesday 1st July 2020

Episode 1956,   Jul 01, 2020, 04:44 AM

Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown. Gross domestic product dropped by a quarterly 2.2% between January and March, below a forecasted fall of 2.0%.

Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown. 

Gross domestic product dropped by a quarterly 2.2% between January and March, below a forecasted fall of 2.0%.

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