UK Lockdown Rebound Stronger Than First Thought

The economic rebound triggered by the easing of COVID-19 restrictions during spring was stronger than initial estimates, official figures show.

From April to June the UK’s economy grew by 5.5%, which was higher than the previous estimate of 4.8%, the Office for National Statistics said.

Spending on retail and hospitality surged after lockdowns lifted.

However, the UK economy was still 3.3% smaller than in the final quarter of 2019, before the pandemic hit.

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