Coinspeaker UK Slips into Recession as Economic Output Collapses 20% in Second QuarterThe United Kingdom has witnessed one of its worst GDP contraction during Q2 2020 owing to lockdowns initiated by the government after the outbreak of the coronavirus pandemic. Job losses are on a steep rise as the U.K. economy shows little of recovery in the near term.UK Slips into Recession as Economic Output Collapses 20% in Second Quarter
