U.K. Economy Shrank 20% in April as Lockdown Hit

LONDON—The U.K. overall economy shrank by a fifth in April, a history decline that exposes the price tag of nationwide lockdowns on the world’s advanced economies.

The U.K. overall economy shrank 20.four% in April compared with March, and the gross domestic item was 24.five% smaller than the exact month a calendar year previously, figures from the Workplace for Countrywide Stats showed Friday. That was the most significant monthly slide in output because equivalent documents started in 1997, the ONS stated.