UK economy 'grew faster since start of Covid pandemic than originally thought'

02 Oct 2023

Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew at a faster rate since the beginning of the Covid-19 pandemic than experts had anticipated.

Revised ONS data shows that the UK saw faster economic growth than either Germany or France since the end of 2019.

The UK economy grew by 1.8% since the start of the pandemic, according to the ONS, which previously predicted that it would contract by 0.2%.

Experts have warned, however, that the UK is still being adversely affected by 'lacklustre growth'.

Commenting on the findings, Chancellor Jeremy Hunt said: 'We know that the British economy recovered faster from the pandemic than anyone previously thought and data... once again proves the doubters wrong.

'We were among the fastest countries in the G7 to recover from the pandemic and since 2020 we have grown faster than France and Germany.'

Quick links

Home | Contact us | Accessibility | Disclaimer | Privacy | Help | Site map |

JWPCreers LLP is a limited liability partnership in England and Wales with company number OC361624, Chartered Accountants registered to carry on audit work in the UK and Ireland by the isntitute of Chartered Accountants in England Wales. A full list of members is available at the registered office. Any reference to a partner of JWPCreers LLP means a member of JWPCreers LLP.


© 2024 JWPCreers LLP. All rights reserved.

We use cookies on this website, you can find more information about cookies here.