Coronavirus hits UK economy with unprecedented force

LONDON (Reuters) - Britain's economy is shrinking at a record pace, faster than during the 2008-09 financial crisis, as businesses across the services sector shut up shop in face of the coronavirus, a survey showed on Tuesday.Conducted last week, before the government ordered the closure of all pubs, restaurants and other non-essential businesses open to the public late on Friday, the monthly Purchasing Managers' Index (PMI) points to the economy shrinking at a quarterly rate of 1.5-2.0%."This..