Article 5Q5WJ UK growth revised up to 5.5% amid higher NHS spending and exports rise

UK growth revised up to 5.5% amid higher NHS spending and exports rise

by
Larry Elliott Economics editor
from on (#5Q5WJ)

GDP grew faster than forecast in second quarter as fewer Covid restrictions prompted households and companies to spend

Higher NHS spending, stronger investment and a bounce back in exports helped the UK economy to recover more quickly from the lockdown at the start of the year, official figures have shown.

After shrinking by 1.4% in the first three months of the year, the economy grew by a record 5.5% in the second quarter as restrictions on activity were eased.

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