Listen to 97.3 KIRO Newsradio: NOW! Seahawks vs. Raiders gameday coverage

UK economy grows again but still below pre-pandemic level

Aug 11, 2021, 1:06 PM | Updated: Aug 12, 2021, 2:59 am

LONDON (AP) — The British economy grew by 4.8% in the second quarter of 2021 as lockdown restrictions were lifted but remains 4.4% below the level it was just before the start of coronavirus pandemic, official figures showed Thursday.

The Office for National Statistics also said the British economy grew by 1% in June alone, the fifth straight month of growth. June was the first full month that many sectors of the economy such as pubs and restaurants were fully open inside and out, following the lifting of restrictions.

“The U.K. economy has continued to rebound strongly, with hospitality benefiting from the first full month of indoor dining, while spending on advertising was boosted by the reopening of many services,” Jonathan Athow, deputy national statistician for economic statistics, said.

The lifting of pandemic restrictions following the rapid rollout of vaccines in the U.K. has buoyed growth in recent months. All legal limits on contact, such as social distancing rules and caps on the number of people allowed to gather together, were lifted in July in England. The other nations of the U.K. have been lifting restrictions at a slightly slower pace.

Economists expect further growth in the months to come even though confirmed virus cases have risen as a result of greater social contact. The Bank of England said last week that “a waning impact” from COVID-19 would boost demand growth and help the British economy reach its pre-pandemic level by the end of the year.

Ian Stewart, chief economist at Deloitte, said the “pace of repair” has been “extraordinarily fast,” and noted that it took five years for the British economy to recover the output lost in the financial crisis in 2008-9.

“The damage caused by the pandemic has been far worse and the recovery far quicker,” he said. “Massive government support has helped preserve capacity and speed up the rebound. This experience will strengthen the hands of those who believe that government — and public spending — should take a far more active role in countering conventional recessions.”

Overall, growth is expected to slow toward more normal rates in the months to come, partly reflecting lower government spending as many pandemic programs, such as a salary support scheme, end.

One uncertainty is how the economy will adjust to the end of the furlough scheme, which was introduced at the start of the pandemic last March to ensure unemployment didn’t rise substantially when lockdown restrictions were imposed. Under the program, the government paid 80% of the salaries of those workers unable to work because of lockdown measures.

The program, which is being phased out and due to end at the end of September, helped support over 11 million people but the number now is down below the 2 million mark as many sectors have reopened, notably hospitality. It kept a lid on unemployment, which remains relatively low at below 5%.

___

Follow AP’s pandemic coverage at: https://apnews.com/hub/coronavirus-pandemic

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

Al-Shabab extremist group attacks hotel in Somali capital

MOGADISHU, Somalia (AP) — The extremist group al-Shabab claimed responsibility Sunday for an unfolding armed attack on a hotel in the Somali capital. Al-Shabab said in a broadcast on its own radio frequency Sunday that said its fighters attacked the hotel Villa Rose, which has a restaurant popular with government and security officials. The hotel […]
1 day ago
Balloon and a Teddy bear adorn a memorial for teenager Fernando Chavez-Barron, Friday, Nov. 25, 202...
Associated Press

Walmart shooting claims teen, young woman, father, mother

CHESAPEAKE, Va. (AP) — A 16-year-old helping his family. A custodian and father of two. A mother with wedding plans. A happy-go-lucky guy. A longtime employee. That’s how friends and family described some of the six people killed at a Walmart in Chesapeake, Virginia, when a manager opened fire with a handgun before an employee […]
1 day ago
Associated Press

Officers: Wellness check leads to fatal shooting in Florida

ST. PETERSBURG, Fla. (AP) — A police officer fatally shot a man early Sunday while conducting a wellness check at a home in St. Petersburg, officials said. Just before 4 a.m. Sunday, St. Petersburg police officers responded to a report of a hit and run. Officers found the bumper of the suspect’s car at the […]
1 day ago
FILE - Jon Batiste attends the TIME100 Gala celebrating the 100 most influential people in the worl...
Associated Press

Jon Batiste to sing for Macron at Biden’s 1st state dinner

NANTUCKET, Mass. (AP) — Musician Jon Batiste is on tap to perform at President Joe Biden’s first White House state dinner on Thursday, highlighting long-standing ties between the United States and France and honoring President Emmanuel Macron. “An artist who transcends generations, Jon Batiste’s music inspires and brings people together,” said Vanessa Valdivia, a spokesperson […]
1 day ago
Fans from the United States cheer for their team during the World Cup group B soccer match between ...
Associated Press

US-England World Cup game seen by 19.98M on US television

NEW YORK (AP) — The United States’ 0-0 draw against England in the World Cup drew 19.98 million viewers for English- and Spanish-language broadcasts, the third-most watched men’s soccer game on U.S. television. The match, which kicked off at 2 p.m. EST on Friday, was seen by 15,377,000 viewers on Fox, the most for a […]
1 day ago
FILE - Chickens walk in a fenced pasture at an organic farm in Iowa on Oct. 21, 2015. Nebraska agri...
Associated Press

Bird flu prompts slaughter of 1.8M chickens in Nebraska

OMAHA, Neb. (AP) — Nebraska agriculture officials say another 1.8 million chickens must be killed after bird flu was found on a farm in the latest sign that the outbreak that has already prompted the slaughter of more than 50 million birds nationwide continues to spread. The Nebraska Department of Agriculture said Saturday that the […]
1 day ago

Sponsored Articles

SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
UK economy grows again but still below pre-pandemic level