THE UK has formally entered into recession for the primary time in 11 years, after the economic system shrunk by a file 20.four per cent within the three months to June.
Economists take into account two consecutive three-month durations the place GDP falls because the technical definition of a recession.
The newest GDP figures revealed by the Workplace for Nationwide Statistics (ONS) this morning confirmed that GDP fell by 20.four per cent between April to June.
It follows a drop of two.2 per cent between January to March.
In the meantime, Oldham is getting ready to an area lockdown after new figures revealed that the realm had the worst an infection price nationally.
Oldham’s an infection price now stands at 107.5 circumstances per 100,000 folks, overtaking Blackburn with Darwen which has 65.Eight per 100,000 folks.
Council information exhibits the variety of new circumstances in Oldham doubled from 137 for the week ending August 1, to 255 for the one ending August 8.
This comes as deaths hit 46,628 after 21 extra deaths had been recorded.
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