UK private sector output growth hits five-year high
by Phillip Inman from on (#563PT)
Economy reopened in July as pent-up demand from customers led to jump in sales
UK private sector business activity grew at the fastest pace in five years this month as the easing of the lockdown brought the economy back to life.
After the sharpest contraction in modern history during April, May and June, the economy returned to growth in July as pent-up demand from consumers and business customers led to a jump in sales and began to fill order books.
Related: UK business activity grows at fastest pace in five years after lockdown eased - business live
Continue reading...