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Wales Online
Wales Online
National
Henry Saker-Clark (PA) & Erin Santillo

UK economy grew 7.5 per cent in 2021 amid pandemic rebound

The UK economy grew by record levels in 2021 as gross domestic product (GDP) rebounded by 7.5%, according to official figures.

The growth, which exceeded Bank of England projections, was the fastest since Office for National Statistics (ONS) records began in 1948.

It came after a record 9.4% slump in the economy in 2020 as the nation's finances were hit by restrictions imposed due to the pandemic.

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