2020: UK economy shrinks 9.9% in worst-ever decline

Feb 12, 2021 AlShorts Web Desk

Britain's economy shrank by a record 9.9 percent last year owing to COVID-19 pandemic, official data showed. Gross Domestic Product grew by 1.0% between October and December. The slowdown is said to be the worst in the country's modern history, wiping out economic gains of past seven years. Experts are predicting a slower economic rebound.