UK Economy Shrinks Record 20.4% in April

This is the largest monthly contraction on record but analysts have said that April was likely to be the worst month, as the government began easing the lock down in May. Recovery will be a lengthy affair, as restrictions are only being lifted gradually. Despite this, FTSE 100 has been climbing today, as although the GDP figure is shocking it is not surprising.

Reeves Cautious Portfolios are still positive YTD, all other portfolios have lost money this year. 

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