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UK’s Economic Growth On Fast Track

UK economy on fast track growth

Fashion retailers seeing a boost of 69.4%.

Shop re openings drive fastest rate of UK economic growth in almost a year.

Non-essential retailers drove much of the growth as they welcomed customers back into stores from April 12 in England and Wales, with fashion retailers seeing a boost of 69.4%.

The easing of lockdown restrictions for non-essential retail in April helped the UK economy grow at its fastest rate since July 2020 as households returned to high street stores, according to new data.

The ONS said gross domestic product (GDP) – a measure of economic growth – was up 2.3 per cent in April although it remains below pre-pandemic levels.

Non-essential retailers drove much of the growth as they welcomed customers back into stores from April 12 in England and Wales, with fashion retailers seeing a boost of 69.4 per cent.

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