The British economy decreased by 20.4% in the second quarter due to the COVID-19 pandemic, Report says, citing BBC.

The National Statistics Office informed that GDP in the first quarter of this year was 2.2% lower than in the same period last year, and it was the most significant decline since 1979. The main reason for this is the sharp fall in the production of March.

Besides, the recession last occurred in the UK in 2009.