Article 4GVWS UK economy shrinks after Brexit car factory shutdowns

UK economy shrinks after Brexit car factory shutdowns

by
Richard Partington
from Economics | The Guardian on (#4GVWS)

Vehicle output falls by 24% as firms including BMW and Peugeot pause production

The British economy shrank in April amid a dramatic decline in car production ahead of the original Brexit deadline, according to official figures.

According to the Office for National Statistics, gross domestic product (GDP) plunged by 0.4% in April from a month earlier as factories across the country launched a wave of planned shutdowns to avoid any disruption that could have been unleashed by a no-deal Brexit.

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