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.

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

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