Rolling coverage of the latest economic and financial news
Latest: UK economy grew 7.5% in 2021Fastest growth in G7 last year after 2020 slump……but middle of the G7 pack for pandemic recoveryUK economy shrank 0.2% in December…but grew 1% across Q4
Chancellor of the Exchequer, Rishi Sunak says the UK economy has been ‘remarkably resilient’:
“Thanks to our £400bn package of support and making the right calls at the right time, the economy has been remarkably resilient; with the UK seeing the fastest growth in the G7 last year and GDP remaining at pre-pandemic levels in December.
“I’m proud of the resolve the whole country has demonstrated, and proud of our incredible vaccine programme which has allowed the economy to stay open.
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