The UK economy suffered its biggest slump on record between April-June as the effects of the pandemic triggered an official recession for the first time since the economic crisis of 2009.
According to the Office for National Statistics (ONS), the economy shrank a record 20.4% compared with the first three months of the year. The figure is far worse than many other major European countries.
The UK, heavily reliant on the service sector and consumer spending, saw household spending plummet during the lockdown, while factory and construction output also fell.
Source: https://deadline.com/2020/08/uk-economy-recession-movie-theaters-odeon-tenet-1203011067/