UK economy contracted by 20.4% in April, the…

A pedestrian walks past closed-down shops on an empty Regent Street in London on April 2, 2020, as life in Britain continues during the nationwide lockdown to combat the coronavirus pandemic.Tolga AkmenThe U.K. posted the…

UK economy posts sharpest monthly decline on record…

U.K. GDP (gross domestic product) contracted by 5.8% month-on-month in March, according to preliminary figures released Wednesday, as lockdown measures began to hammer economic activity in the country.It represents the biggest monthly fall since the…