All the growth in the economy came from the service sector, which benefited from the relaxation of restrictions and the reopening of outdoor attractions during AprilBritain’s economy has recovered to its strongest level since the outbreak of coronavirus last year, surpassing the previous high in October. Growth in the month of April alone was 2.3 per cent as lockdown restrictions were removed, leaving GDP only 3.7 per cent below its pre-pandemic peak in February 2020, the Office for National Statistics (ONS) said. SponsoredThe economy is now 1.2 per cent bigger than in October 2020, before subsequent waves of infections shut the country down for a second and third time. Compared with April 2020 the economy grew 27.6 per cent, a record annual rate. Rishi Sunak, the chancellor, said: “Today’s figures are a promising sign that our economy is beginning to recover.” Economists said that the strong progress was likely to
Source: The Times June 11, 2021 08:01 UTC