Ten Things You Need to Know Today: Saturday 13 Jun 2020

1. Britain on course for historic recession after record collapse

Britain’s economy shrank by a record 20.4% in April as the country was set on course for the worst recession in more than three centuries. Data from the Office for National Statistics showed no area of the economy was left unharmed during the first full month of coronavirus lockdown. The Bank of England thinks that GDP could contract by 25% in the second quarter and unemployment more than double.

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