News in Review Wednesday 6th October
The easing of COVID restrictions has resulted in an economic rebound that has exceeded initial estimates, according to data from the Office for National Statistics (ONS). During Q2, the economy grew by 5.5%, up from the 4.8% forecast earlier this year. This is a result of higher spending since April, when the first lockdown easing permitted outdoor dining, in addition to a significant drop in saving as the economy reopened.
