'It was bound to be big and in a way there's no point worrying, we made a conscious decision to do that'
Economist Bridget Rosewell on the biggest monthly drop in growth since records began
The UK's economy shrank by 20.4% in April - the largest monthly contraction on record - as the country spent its first full month in lockdown. The Office for National Statistics said the "historic" fall affected virtually all areas of activity. The contraction is three times greater than the decline seen during the whole of the 2008 to 2009 economic downturn. Nick Robinson spoke to a panel of former Government advisers about the way forward for the UK economy. They were Sir John Timpson, chairman of the shoe repair chain, who led the Government's High Streets Expert Panel, Bridget Rosewell, an economist who chaired an independent review into Planning Appeal Inquiries and Stephen Kelly, Chairman of Tech Nation, formerly the Prime Minister鈥檚 Business Ambassador for technology.
Credit: Press Association
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