Article preview: The latest official figures offer some reasons to be cheerful about the state of recovery in the UK economy. During the third quarter of this year, the UK’s economy grew by a record 15.5%, according to the Office for National Statistics (ONS). This record growth between July and September followed six months of economic decline, prompted by the Covid-19 pandemic and associated lockdown measures. The economic growth in the third quarter was broad-based, with strong performance across the services, manufacturing and construction sectors.
Economic reasons to be cheerful, but tougher times ahead
This 448-word blog post reports on the latest official economic growth figures for the UK in the third quarter and takes a look at what might come next. Written on 12th November 2020.
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