UK economy back close to pre-pandemic levels, says ONS
Sky News says the UK economy grew at a rate of 1.3% in the last three months of 2021, a faster pace than first thought and bringing GDP to just below pre-pandemic levels.
The Office for National Statistics (ONS) had previously estimated GDP grew by 1.0% between October and December last year.
“GDP grew a little stronger than we first thought in the fourth quarter, meaning it is now only 0.1 per cent below its pre-pandemic level,” said Darren Morgan, the ONS director of economic statistics.
The UK’s economy grew by 7.4% last year in a record rebound from a devastating 2020, according to the latest ONS estimates, but just missed the 7.5% initial estimate.
https://news.sky.com/story/uk-economy-back-close-to-pre-pandemic-levels-says-ons-12578609
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