Wednesday, September 30, 2020

UK Q2 GDP REVISED TO CONTRACTION OF 19.8%

The Office for National Statistics estimates UK GDP contracted by 19.8% in the second quarter.

That's a slight revision from their earlier estimate of 20.4%, but still means it's the largest quarterly contraction since ONS records began in 1955 -- and that the UK is in recession.

Stuart Smith reports from London.

IN: "GDP..."
OUT: SOC
DURATION: 37 Seconds