UK shares slide after dismal GDP data

The domestically focused mid-cap index fell 0.5% Data released on Friday showed the UK's economy shrank by a record 20.4% in April from March due to an effect of the tight coronavirus lockdown.

London's stock markets fell on Friday as the UK economy shrank the most on record in April, adding to the impact of a global sell-off due to fears of a second wave of coronavirus infections in the United States. After opening about 1% lower, the benchmark FTSE 100 index pared losses and was last down 0.7%. The domestically focused mid-cap index fell 0.5%

Data released on Friday showed the UK's economy shrank by a record 20.4% in April from March due to an effect of the tight coronavirus lockdown.