U.K. Economy Shrank 20% in April as Lockdown Hit

LONDON—The U.K. overall economy shrank by a fifth in April, a document decrease that exposes the price tag of nationwide lockdowns on the world’s innovative economies.

The U.K. overall economy shrank twenty.four% in April in contrast with March, and the gross domestic products was 24.five% smaller than the exact same thirty day period a calendar year before, figures from the Workplace for Countrywide Studies confirmed Friday. That was the premier monthly slide in output since similar data began in 1997, the ONS stated.