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Birmingham Post
Birmingham Post
Business
Neil Shaw

UK economy grew by 7.5% in 2021 despite December Omicron impact

The UK economy rebounded in 2021 as gross domestic product (GDP) grew by 7.5% following the easing of pandemic restrictions, according to official figures.

The growth, which exceeded projections by the Bank of England, nevertheless came after a 9.4% slump in the economy in 2020.

New data from the Office for National Statistics (ONS) also showed that the economy grew by 1% in the final three months of the year, despite the impact of the spread of the Omicron variant of Covid-19.

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