British economy collapsed by most on record in the second quarter
By Steve Goldstein
The British economy collapsed in the second quarter by the most on record and the worst showing of any major economy during the pandemic.
The U.K. GDP fall of 20.4% in the second quarter worse than even hard-hit France and Spain.
The 20.4% decline was slightly better than the 21.2% decline forecast by economists.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 12, 2020 02:16 ET (06:16 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.