World

UK recovery continues but way to go to recoup virus losses

London: The Office for National Statistics said Friday that the British economy grew by a monthly rate of 6.6 per cent as many sectors started reopening after months of being idle during the lockdown. The hospitality sector, which includes, hotels, pubs and restaurants, reopened at the start of July, for example.

Other sectors, such as manufacturing and housebuilding, also continued their recovery, though industrial production and construction remain below their pre-crisis levels.

July’s increase means that the British economy has now grown for three months in a row in the wake of April’s dramatic 20 per cent slide. Overall, the British economy remains 11.7 per cent smaller than it was in February before the full economic impact of the pandemic was felt.

Source: IANS

Image: Reuters

Click to comment

Leave a Reply

Your email address will not be published.

two × three =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us