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England tiptoes out of complete lockdown as economy plunges

Byindianadmin

May 13, 2020 #Economy, #Plunges
England tiptoes out of complete lockdown as economy plunges

LONDON (Reuters) – England tentatively began reducing its coronavirus lockdown on Wednesday, with some people who can not do their tasks at home prompted to go back to work, as stark financial data showed the dreadful effect of the pandemic.

FILE IMAGE: Commuters, some wearing masks are seen on a London underground train, following the outbreak of the coronavirus illness (COVID-19), London, Britain, May 13,2020 REUTERS/Henry Nicholls

The worst-hit country in Europe with more than 40,000 deaths from COVID-19 according to official data, Britain has actually remained in extensive lockdown considering that March23 Since Wednesday early morning, people in production and specific other sectors were being asked to go back to work if they could.

GDP data released on Wednesday revealed the economy diminished by a record 5.8%in March compared with February, and the April information is likely to be even worse as the nation was under lockdown for the entire month.

The federal government is loosening constraints really gradually, for fear of setting off a second peak of infections. Prime Minis

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