UK economy posts record annual jump in April, up 27.6%

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Reuters

LONDON (Reuters) -Britain’s economic output in April was a record 27.6% larger than 12 months before, official data showed on Friday, an increase that reflects recent reopening and the scale of disruption to everyday life early in the COVID pandemic. The figure matched the consensus of economists polled by Reuters. In April alone, output rose by 2.3%, marking the fastest growth since July, the Office for National Statistics (ONS) said, and compared with the Reuters poll consensus for a 2.2% increase. But British economic output is still 3.7% lower than in February 2020, before the pandemic led…

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