We're nearly there! UK economy GROWS as country bounces back – Sunak celebrates


Gross domestic product (GDP) was up 2.3 percent in April – the biggest jump since July 2020 when it grew by 7.3 percent – according to the latest figures from the Office for National Statistics. The growth in the UK economy could have been far greater but for a slowdown in the construction sector compared to strong growth the month before. A significant chunk of the growth was driven by non-essential retailers as they once again opened their doors to customers in England from April 12.

Clothes stores experiences a massive 69.4 percent boost.

Overall growth in the service sector came in at 3.4 percent, although this is still 4.1 percent below the pre-pandemic levels of February 2020.

This included restaurants, bars and cafes where the public could dine outdoors again, seeing a 39 percent surge in growth.

Chancellor Rishi Sunak said: “Today’s figures are a promising sign that our economy is beginning to recover.

“With more than a million people coming off furlough across March and April and the number of employees in work rising, it is clear that our Plan for Jobs is working.

“But I know there are people who still need our support, which is why the furlough scheme is in place until September to protect as many jobs as possible”.

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