The United Kingdom’s economy contracted in 2020 at the fastest rate in more than 3 centuries, according to a data review released from the first year of the Corona outbreak, which measures the pandemic’s impact on the British economy. In this regard, the Office for National Statistics noted that “the UK economy contracted by 11 per cent in a survey announced by the office today to boost the previous figure, which showed the UK economy contracted by 9.3 per cent.”

The revision makes Britain’s worst recession since 1709, when the United Kingdom experienced what was called the “Great Frost”, the worst winter on the European continent in almost 500 years. The data showed that the UK economy shrank by 21 percent in the second quarter of 2020 as the country witnessed the peak of the Corona virus, instead of the previously announced 19.4 percent.

The new deflation rate adjustments during the first year of the coronavirus outbreak come after the Office for National Statistics announced that it had more detailed data on the extent of the pandemic’s impact on the economy. The Office for National Statistics announced earlier this month that the UK economy shrank by 0.6% m/m last June and 0.1% in the second quarter of the year.