The UK’s economy recovered faster than experts expected, jumping by 5.5% over April to June this year when Covid restrictions eased.
It is now 3.3% below where it was before the Covid crisis hit last year, according to official figures from the Office for National Statistics.
Experts first estimated it would grow by 4.8% between April to June – but instead it jumped 5.5%.
Shopping and eating out were among the main reasons behind the growth, when non-essential retail and pubs, restaurants and bars began to open at this point.
April saw the biggest rise, with the economy growing by 2.8% that month.
It then nudged up 0.6% in May and 1.4% in June.
It meant household spending jumped by 7.9%.
More to follow…
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