Phone: 01242 260066 | Email accountants@mitchells.org

UK economy 'grew faster since start of Covid pandemic than originally thought'

02 Oct 2023

Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew at a faster rate since the beginning of the Covid-19 pandemic than experts had anticipated.

Revised ONS data shows that the UK saw faster economic growth than either Germany or France since the end of 2019.

The UK economy grew by 1.8% since the start of the pandemic, according to the ONS, which previously predicted that it would contract by 0.2%.

Experts have warned, however, that the UK is still being adversely affected by 'lacklustre growth'.

Commenting on the findings, Chancellor Jeremy Hunt said: 'We know that the British economy recovered faster from the pandemic than anyone previously thought and data... once again proves the doubters wrong.

'We were among the fastest countries in the G7 to recover from the pandemic and since 2020 we have grown faster than France and Germany.'

Try a site search Tax returns, budget, pension, rates and allowances...

Contact details

Office: 01242 260066

Company Registration No: 4161638
Company Registered in England and Wales.
Company details
Mitchell Glanville Limited
Registered Address: 41 Rodney Road, Cheltenham, Gloucestershire GL50 1HX

Mitchell Glanville Limited regulated by the Institute of Chartered Accountants in England and Wales If, during the provision of professional services to you, you need advice on investments, we may have to refer you to someone who is authorised by the Financial Conduct Authority, as we are not. However, as we are licensed by the Institute of Chartered Accountants in England and Wales, we may be able to provide certain investment services where these are complementary to or arise out of the professional services we are already providing to you.

© 2024 Mitchells Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.