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Economy

UK suffers record 9.9% GDP slump

Figures show that GDP in December 2020 was 6.3% below the level of February 2020, having increased by 1.2% compared with November 2020

GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in 2009 after the UKโ€™s financial crisis.ย 

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