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UK economy shrank 2.6 percent during November lockdowns

The UK’s economy shrank by as much as 2.6 percent in November as the nation’s industries were hit hard by yet more lockdowns. According to The Office for National Statistics (ONS), November GDP fell back to 8.5 percent below the pre-pandemic levels seen in February 2020 compared with 6.1 percent below in October 2020. GDP fell by 8.9 percent in...

15 Jan 2021