UK shows 'first signs' of recovery as economy grows 0.4% in February

clock • 2 min read

The UK economy returned to growth in February, expanding by an estimated 0.4% even as nationwide lockdowns remained in place, although GDP output remained 7.8% below a year earlier, according to the latest figures.

The Office for National Statistics (ONS) reported that the service sector grew by 0.2% in February 2021, as wholesale and retail trade sales "picked up a little" but said that, overall, consumer-fa...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Concerns about fewer individuals making decisions, member returns and sustainability

Jasmine Urquhart
clock 15 November 2024 • 5 min read
Women in Pensions and Rising Star Awards 2024: Photos from the night!

Women in Pensions and Rising Star Awards 2024: Photos from the night!

The industry's best were celebrated in a glittering ceremony on 14 November

Professional Pensions
clock 15 November 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Chancellor’s Mansion House speech, TPR DB Funding Code, Utmost enters BPA market

Professional Pensions
clock 15 November 2024 • 1 min read
Trustpilot