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UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS - Vimarsana News

UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS

UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS Xinhua 13 May 2021, 02:05 GMT+10 LONDON, May 12 (Xinhua) -- Britain's gross domestic product (GDP) recorded a 1.5 percent quarterly shrink in the first quarter (Q1) this year amid lockdown measures, but the economic output rebounded in March after COVID-19 restrictions eased, the British Office for National Statistics (ONS) said Wednesday. The level of GDP in Q1 fell by 6.1 percent when compared with the same quarter a year ago and is 8.7 percent below where it was before the pandemic at Q4 (October to December) 2019,...

COVID-19 – crisis with a legacy - Vimarsana News

COVID-19 – crisis with a legacy

Episode 9 As a profession, this is our moment to step up. The health crisis caused by COVID-19 continues, but our economic crisis is only starting to be felt. This is the time when businesses need support and guidance to channel the oxygen of cash and navigate the changes we’re all facing. But where do we start? The CBI’s deputy chief economist, Anna Leach, and Changeist’s futurist Susan Cox-Smith look at businesses across the UK economy that are fast adapting to the ever-changing circumstances – and what we can learn from them. We hear from Tate & Lyle’s CFO Imran Nawaz on how they...

Source: icaew.com
UK factories see smaller drop in orders during December - Vimarsana News

UK factories see smaller drop in orders during December

UK factories see smaller drop in orders during December - CBI 12/18/2020 | 06:42am EDT Send by mail : Message : Required fields LONDON (Reuters) - The decline in British factory orders eased off in December as more of the economy reopened following a second nationwide coronavirus lockdown, a survey showed on Friday. The Confederation of British Industry's monthly manufacturing order book balance rose to -25 from November's -40, the strongest reading in 10 months. A Reuters poll of economists had pointed to a reading of -34. "The rollout of the Covid vaccine brings hope that conditions for...