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Britain's economy returns to growth in May with ease in lockdown rules

The Office for National Statistics said Tuesday that the economy grew by 1.8% in May, from the previous month

Britain's Prime Minister Boris Johnson attends a year six history class with pupils during a visit to Pimlico Primary school. Photo: Reuters
Despite this increase, the it is 24.5 per cent smaller than it was in February, before the full impact of the pandemic
AP | PTI
1 min read Last Updated : Jul 15 2020 | 12:52 AM IST
Official figures show that the British economy managed to eke out some growth in May as lockdown restrictions started to be eased, but that it remains around a quarter smaller than before the coronavirus pandemic. The Office for National Statistics said Tuesday that the economy grew by 1.8 per cent in May, from the previous month. 

Despite this increase, the it is 24.5 per cent smaller than it was in February, before the full impact of the pandemic. In April alone, the economy shrank by a staggering 20.3 per cent.  Jonathan Athow, deputy national statistician for economic statistics, said manufacturing and house building showed signs of recovery as some businesses saw staff return to work, while the crucial retail sector saw record online sales.

“However, with lockdown restrictions remaining in place, many other services remained in the doldrums, with a number of areas seeing further declines,” he said. 

Topics :CoronavirusBritain's economy

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