UK economy grew faster than estimated since Covid
BBC Business says The UK’s economy has grown faster since the start of the Covid pandemic than initially thought, new figures show.
Revised data indicates that the UK has seen faster growth than France or Germany since the end of 2019.
The growth figures had been expected to be upgraded, after the Office for National Statistics (ONS) published new estimates earlier this month of how the economy had performed since Covid.
However, analysts said the UK was still suffering from lacklustre growth.
The latest figures from the ONS indicated that the UK’s economy has grown by 1.8% since the pandemic started, whereas the previous estimate was a 0.2% contraction.
They also showed that the economy grew by 0.3% in the first three months of this year, up from the 0.1% previously estimated.