London, 12th August: The UK economy is officially in the largest recession on record during the coronavirus pandemic. According to the official figures the economy of the United Kingdom has plunged into the largest recession on record since the pandemic crisis. The UK has been tipped into the "largest recession on record", according to official figures charting the impact of the #coronavirus crisis on the economy https://t.co/idFomUrpw6 — Sky News (@SkyNews) August 12, 2020 The Office for National Statistics (ONS) reported that the enforced hibernation of activity through the COVID-19 lockdown meant gross domestic product (GDP) slumped by 20.4% in … Continue reading UK economy plunges into largest recession on record