Global Economic News

UK Economy Rebounds In 2021

The UK economy expanded at the fastest pace since 1941 despite the Omicron variant acting as a drag on growth towards the end of the year, data from the Office for National Statistics showed Friday.

Gross domestic product grew by an estimated 7.5 percent in 2021, in contrast to the sharp 9.4 percent contraction in 2020. This was the biggest growth since 1941.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News