UK economy picks up as Covid restrictions end but supply chain woes take a toll

THE UK economy grew in August as the full lifting of coronavirus restrictions boosted events and hospitality, but official figures revealed a contraction in July.

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Business

Economic output fell by 1.6 per cent in first three months of 2021

Business

PMI: Significant improvement in business conditions during May, but cost inflation continues to rocket

Business

Easing of lockdown restrictions saw economy grow 2.3 per cent in April

Business

Gradual easing of restrictions helped north's private sector return to growth during April

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THE Bank of England has kept interest rates on hold as it said the rapid rollout of the vaccination programme and road map for easing restrictions would help drive an economic rebound this year.

Winter restrictions led to second worst quarter on record for crucial NI services sector

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THE north’s crucial services sector recorded its second largest quarterly fall on record in the final three months of 2020, new official data shows.

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