(c) Euro News
UK Finance Minister Rishi Sunak announced that the country is in very hard times as they are now experiencing the worst recession of any major economy. In the 2nd quarter of 2020, the British economic output went down by a startling 20.4 percent, which is the biggest drop on record.
"Hundreds of thousands of people have already lost their jobs, and sadly in the coming months many more will. But while there are difficult choices to be made ahead, we will get through this, and I can assure people that nobody will be left without hope or opportunity."
Since March, the UK has cut close to 730,000 jobs due to the coronavirus pandemic.
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