UK’S economy grows by 2.3 percent as COVID-19 lockdown eases

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Sumary of UK’S economy grows by 2.3 percent as COVID-19 lockdown eases:

  • Britain economy grew by 2.3 percent in April as the government began to ease strict lockdown measures, official data showed Friday..
  • That was the fastest monthly output for UK gross domestic product since July last year “as government restrictions affecting economic activity continued to ease”, the Office for National Statistics (ONS) said in a statement..
  • Since May, the government has further eased restrictions, with people now allowed to eat and drink inside restaurants and bars, having initially been only able to sit outside..
  • Concerns are meanwhile mounting over whether the emergence of the Delta variant of the coronavirus threatens the UK government provisional June 21 deadline for further lifting virus restrictions..
  • Britain on Thursday said G7 leaders will agree to expand global Covid vaccine manufacturing to provide at least one billion doses to the world through sharing and financing schemes…

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