Detailed Analysis of the UK Recession of 2020: A Case Study

This assignment provides an analysis of the UK recession of 2020, focusing on the utilization of the CARP method to assess the reliability of the sources. The assignment begins with an evaluation of the selected article, which discusses the UK's economic downturn, including the 20% GDP drop in the second quarter of 2020. The analysis delves into the currency, authority, relevance, purpose of the article and provides a summary of the main issues, such as the impact of COVID-19, the role of Brexit, and the resulting economic slump. The assignment highlights how the article written by LaToya Harding and Louis Ashworth provides valuable information on the recession's impact on various sectors and the overall economy. The references include relevant books and journals that provide context for the analysis.

Uk recession of 2020

Table of Contents
Article: ............................................................................................................................................1
Question 1........................................................................................................................................1
Utilisation of CARP method to assess the sources and its reliability.........................................1
Question 2........................................................................................................................................2
Brief Summary of article along with main issues discussed.......................................................2
REFERENCES................................................................................................................................3

Article:
UK crashes into recession with record 20pc quarterly slump. 2020. [Online]. Available through:
<https://www.telegraph.co.uk/business/2020/08/12/markets-live-recession-latest-
coronavirus-news-pound-euro-ftse-100/>.
Question 1
Utilisation of CARP method to assess the sources and its reliability
Use of various method are made to evaluate the sources from where information is
obtained which comprises of CRAP model to evaluate source information based on four main
criteria (Payal and Challa, 2016). A discussion about theses four criteria provided by CARP
method or test is provided below to determine that whether the selected e-newspaper article is
providing quality information or not:
Currency- This is the first element of CARP test which provides information about the
date of publication of an article along with any additional information regarding revises and up-
dating of information. The current article which is selected for this assignment is published on 12
august 2020, thus it provides a latest and updated information on the selected topic of UK
recession in 2020 (UK crashes into recession with record 20pc quarterly slump, 2020). Further,
the online link of selected article is also functional and easily get opens to provide all the
required and needed information related with the topic .
Authority- This criteria of CARP test provides information about the author or creator of
article along with their credentials and qualification. The author of article selected for current
assignment are LaToya Harding and Louis Ashworth . Both the writer are having a valid
qualification and creditability to write this article as LaToya Harding is a business reporter of
The telegraph newspaper along with having a degree in Financial Journalism MA 2018 thus,
having the credibility to write about the topic of UK recession in 2020. On other side, Louis
Ashworth is also a market reporter and journalist of The Telegraph thus, have valid qualification
for writing above article.
Relevance and Reliability- This comprises of evaluation of information provided by the
selected article. The current article selected for current report is relevant and appropriate for
getting better understanding about the topic of UK recession 2020, as it emphasis on UK crashes
into recession with record 20pc quarterly slump through leading evaluation about the GDP feel
and economy shrank in UK (López-Andreu and Verd, 2020).
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Purpose- The purpose of above article is to make people of UK aware about the current
situation of economy of UK that is facing a tough time and re session lead out by many reasons
comprises of Brexit and COVID-19.
Thus, on the basis of above CARP test an evaluation can be made that the selected article
is reliable and provided authentic information as it published in 2020 and provided latest
information along with written by qualified authors and the purpose along with the information
provided with selected article is also associated with chosen topic based on UK recession 2020.
Question 2
Brief Summary of article along with main issues discussed
The main points and factor discussed in the selected article comprises of UK GDP fell by
around 20.4 pc in second quarter along with economy shrank lead by height of lock down in UK
during the year of 2003 along with Brexit issue and current global pandemic of COVID-19. This,
article written by LaToya Harding and Louis Ashworth evaluate and provide information about
the deepest ever recession in UK after the severe lock-down and economy crisis lead by COVID-
19 which has promoted the worst quarter in form of fall in output and GDP of UK since records
began. Beside this, the issue of Brexit has also limit the export and import of UK from other
countries of European Union which is also making condition of UK's economy more worst (UK
crashes into recession with record 20pc quarterly slump, 2020). It has been evaluated by this
article that UK economy suffered its biggest slump between April and June 2020 lead by
Coronavirus Lock down measures which officially put the country into Recession with an
economy shrank of 20.4% compared with the facts of first three months of 2020.
An evaluation could also be drawn that the current recession of UK is also leading
signifiant impact on lives of people as currently many people ate out of work as a result of global
pandemic of Coronavirus (Sensier and Devine, 2020). Further, the work of Hotels, live events,
and other industry are totally dried up in May leading a lot of people jobless in UK during the
year of 2020 which is most crucial and vital impact of UK recession 2020.
All people seemed agreed with the relevance of the information provided with the
selected article as a clear impact of Brexit in form of reduction in exports and imports from other
European circuitries is seen along with the influence of COVID-19 which leaves a lot of people
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jobless in this pandemic which comprises as a major drawback for economy of UK (Watermeyer
and et. al., 2020).
REFERENCES
Books and Journals
Payal, N. and Challa, R. K., 2016, December. AJIGJAX: A hybrid image based model for
Captcha/CaRP. In 2016 IEEE Uttar Pradesh Section International Conference on
Electrical, Computer and Electronics Engineering (UPCON) (pp. 38-43). IEEE.
López-Andreu, M. and Verd, J.M., 2020. The Impact of Neoliberal Policies During the Great
Recession on Youth Transition Regimes in Spain and the UK. Critical Sociology,
p.0896920519897108.
Sensier, M. and Devine, F., 2020. Understanding regional economic performance and resilience
in the UK: trends since the Global Financial Crisis. National Institute Economic
Review, 253, pp.R18-R28.
Watermeyer, R. and et. al., 2020. COVID-19 and digital disruption in UK universities:
afflictions and affordances of emergency online migration. Higher Education, p.1.
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