UK financial system grows in April as retailers reopen

118871165 shoppers

“But underneath this is probably going to be a story of two halves – the GDP numbers tell us the economy is recovering, but it’s likely to be uneven, with the bounceback driven by parts of the economy that have essentially been insulated from the worst parts of the pandemic, and other parts of the economy – those with no work, or small businesses – really, really struggling, particularly as the government starts removing some [support] going into the autumn.”

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