UK economy growth figures smash pre-Covid levels in Brexit Britain victory | City & Business | Finance
According to the Office for National Statistics (ONS), the gross domestic product (GDP) expanded by 0.9 percent between October and November. This was higher than expectations and meant the economy was 0.7 percent larger than in February 2020.
However, following the spread of the Omicron variant and the introduction of Plan B Covid measures, the growth slowed again.
ONS chief executive Grant Fitzner said: “The economy grew strongly in the month before Omicron struck, with architects, retailers, couriers and accountants having a bumper month.
“Construction also recovered from several weak months as many raw materials became easier to get hold of.”
More to follow…
Related Posts
Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
