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Cornerstone Blog UK economy continues recovery in July

UK economy continues recovery in July

September 18, 2020 by Cornerstone International Group

The UK economy grew by 6.6% in July, according to official figures, but remains far below pre-pandemic levels.

It is the third month in a row that the economy has expanded.

But the Office for National Statistics (ONS) said that the UK “has still only recovered just over half of the lost output caused by the coronavirus”.

Hairdressers, pubs and restaurants contributed to growth after companies were allowed to reopen in July.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: economy, recovery

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