Home Breaking News #Covid-19: UK heads for double-dip recession as GDP falls to 2.6%

#Covid-19: UK heads for double-dip recession as GDP falls to 2.6%

by Nwani Chisom
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Oyogist.com has learnt that the UK economy is moving towards a double-dip recession as figures confirmed a decline in the country’s economy as the second wave of the coronavirus pandemic took hold.

The UK Gross domestic product (GDP) fell by 2.6% in November, oyogist.com gathered further.

The latest decline in the GDP put an end to six consecutive months of growth over the summer, when the UK economy had been recovering from the first wave of the crisis.

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