The Daily Telegraph - Business : 2020-08-13

Coronaviru­s: Focus On The Economy : 2 : 2

Coronaviru­s: Focus On The Economy

2 The Daily Telegraph Thursday 13 August 2020 *** Coronaviru­s: Focus on the economy Three months that rocked the British economy A Record Hit The UK’s economy shrank by 20.4% in the second quarter – the worst drop ever recorded 15 10 5 0 -5 -10 -15 -20 -25 1920 1930 1940 Hotels and restaurant­s suffered an unpreceden­ted collapse during lockdown 2020 Q1 2020 Q2 Wholesale and retail trade Transport storage informatio­n comms Accommodat­ion and food services Financial and insurance activities Real estate Scientific admin and support Public admin defence social security Education Health and social work Other services 0 -100 -80 -60 -40 -20 20 1 telegraph.co.uk/city-intelligen­ce Restaurant­s and hotels hit hardest but recovery begins City Intelligen­ce Don’t miss Ben Marlow’s exclusive round-up of the biggest corporate stories of the week, every Friday.

© PressReader. All rights reserved.