The Times says it’s the most severe contraction since 1979, when Margaret Thatcher came to power.

The Guardian says today’s figures showed the biggest fall in manufacturing production since records began in 1948 and the sharpest decline in services output since 1979.

The number of new cars produced in the UK also fell by more than half in March compared with a year earlier.

Related articlesEntrepreneurs disappointed by weak budget for businessWhy Chris Rea loves recessionsBudget fuel duty rise is a fun taxPictures source

Share this story

Send this to a friend