Business daily

Covid-19: UK economy sees biggest quarterly slump since 2008

BUSINESS DAILY
BUSINESS DAILY © FRANCE 24

The UK economy shrank by 2 percent in the first three months of 2020, the worst slump since the financial crisis of 2008. The contraction was smaller than in other European countries, largely due to the British government imposing lockdown measures later than its neighbours. Also today, Amazon France has extended a shutdown of its warehouses until May 18, over a safety dispute with unions. The online retail giant had closed its six French depots on April 16, after a court ruled it could only ship "essential goods".