The UK economy contracted in both March and April, the first back-to-back monthly decline since the start of the COVID-19 lockdowns two years ago.
According to the latest figures released by the Office for National Statistics (ONS), GDP fell by 0.3 percent in April 2022, after a decline of 0.1 percent in March 2022.
The ONS said it marked the first time GDP has fallen for two months in a row since March and April 2020, when the CCP (Chinese Communist Party) virus pandemic first hit and sent the economy tumbling.
Darren Morgan, director of economic statistics at the ONS, said, “A big drop in the health sector due to the winding down of the Test and Trace scheme pushed the UK economy into negative territory in April.”…