The UK has officially entered recession with hospitality and accommodation sectors bearing the brunt hardest, new government figures show.
Gross Domestic Product (GDP) fell 20.4% in the three months to June compared with the previous quarter, as knock-on lockdown effects were felt. It was the biggest slump since records began in 1955.
Jonathan Athow, the Office for National Statistics’ deputy national statistician said: “The recession brought on by the coronavirus pandemic has led to the biggest fall in quarterly GDP on record.
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