UK economy grew just.1% in August despite government support - Business Insider

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The UK economic recovery is running out of steam - GDP grew just 2.1% in August despite government support

A cyclist is seen near the Bank of England as the spread of the coronavirus disease continues, London, Britain, April 14, 2020.The UK economy grew by 2.1% in August, well below expectations for an expansion of 4.6%.

The Office for National Statistics said monthly growth in August was now 21.7% higher than April's lows, but said the economy was still 9.2% smaller than it was before the pandemic first struck in February this year. Economists polled by Reuters had expected a monthly expansion of 4.6%.

The economy contracted at a record 20.4% pace in April, when the pandemic was at its worst, with over 1,000 deaths a day at one point.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

i think the recovery was running on hot air rather than anything else

Dear CNN, The youths of Nigeria are dying. Our creatives are being hunted and gunned down in broad daylight. Growing up as a kid, my eyes were set on screen watching your channel and how you “cared” for the world story Today, Nigeria burns, and we haven’t heard a word from you

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