'Undoubtedly worrying figures' as UK GDP rises by lacklustre 1.8%

Lauren Mason
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'Undoubtedly worrying figures' as UK GDP rises by lacklustre 1.8%

The UK's GDP for May rebounded by 1.8%, according to figures from the Office for National Statistics (ONS) released today (14 July), falling 3.7 percentage points short of the 5.5% forecast by economists polled by Reuters.  While this is a small uptick, economic output remains at the lowest level seen in more than a decade as lockdown continued to hamper economic activity. Overall, the UK's GDP has fallen by 19.1% in the three months to May. Jonathan Athow, deputy national statistici...

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