THE UK has officially entered into recession for the first time in 11 years, after the economy shrunk by a record 20.4 per cent in the three months to June.
Economists consider two consecutive three-month periods where GDP falls as the technical definition of a recession.
The latest GDP figures revealed by the Office for National Statistics (ONS) this morning showed that GDP fell by 20.4 per cent between April to June.
It follows a drop of 2.2 per cent between January to March.
Meanwhile, Oldham is on the brink of a local lockdown after new figures revealed that the area had the worst infection rate nationally.
Oldham’s infection rate now stands at 107.5 cases per 100,000 people, overtaking Blackburn with Darwen which has 65.8 per 100,000 people.
Council data shows the number of new cases in Oldham doubled from 137 for the week ending August 1, to 255 for the one ending August 8.
This comes as deaths hit 46,628 after 21 more deaths were recorded.
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