UK Economy Falls At Fastest Rate Since 2008 Crash, Massive Tax Rises Loom

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In the first three months of 2020, the British economy contracted at the fastest rate since the 2008 financial collapse, despite coronavirus lockdown measures only being implemented in the final week of March.

The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the final quarter of 2008. The decline was driven in large part by March, which alone saw a record 5.8 per cent drop in GDP.

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Source: KURT ZINDULKA | Breitbart

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