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Coronavirus sees UK economy suffer largest fall since 1979 in first quarter

Written by on June 30, 2020

The UK economy contracted by more than first thought between January and March as the coronavirus crisis saw activity tumble 2.2% in the joint largest fall since 1979, official figures have shown. The Office for National Statistics (ONS) had previously estimated a 2% drop in first-quarter GDP, but said the revision came after data now showed a record 6.9% plunge in March..