Official knowledge reveals that the UK financial system shrank by nearly 10% final 12 months - its largest annual decline on document.The Chancello
Official knowledge reveals that the UK financial system shrank by nearly 10% final 12 months – its largest annual decline on document.
The Chancellor of the Exchequer, Rishi Sunak, mentioned the figures confirmed the intense financial shock attributable to the coronavirus pandemic.
He informed the BBC’s Faisal Islam that this development was corresponding to different nations. Britain has been one of many nations hardest hit by the pandemic each by way of deaths, and the financial penalties.