The UK financial system contracted by 2.6% in November 2020, the month England was plunged again right into a second nationwide lockdown.
The autumn in GDP adopted six consecutive months of will increase, in keeping with the Workplace of Nationwide Statistics, though the financial system was nonetheless smaller than its pre-pandemic measurement.
The figures, revealed on 15 January, confirmed that GDP in November was 8.5% under the degrees seen in February that yr, earlier than the pandemic and the primary lockdown in March.
“The companies sector acted as the principle drag on development in November, falling 3.4% as restrictions on exercise had been reintroduced in some elements of the UK in response to the coronavirus pandemic,” the ONS’s assertion mentioned.
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