UK economy grows 2.1% in August: official
MG News | October 09, 2020 at 12:00 PM GMT+05:00
October 9, 2020: Britain's economy expanded by 2.1 percent in August but remained far down on pre-pandemic levels, official data showed Friday.
Despite a fourth consecutive monthly increase, gross domestic product remained 9.2 percent below the level in February, the Office for National Statistics said in a statement.
This tallied with Bank of England governor Andrew Bailey, who on Thursday said UK economic output in the third quarter was between seven and ten percent below pre-pandemic levels.
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