US EditionGDP: UK overtakes France and Germany as economic growth bigger than expected after COVID
- Revised data shows that the UK has experienced faster economic growth than both France and Germany since the end of 2019. This growth is reflected in the UK's 1.8% increase in GDP since the start of the pandemic.
- The Office for National Statistics has revised its estimate of the UK economy, stating that it is larger than previously thought in the final quarter of 2021 compared to pre-pandemic levels. This puts the UK's growth rate on par with its initial estimate and exceeds the growth rates of Germany and France during the same period.
- These latest figures are a positive development for Prime Minister Rishi Sunak, who has made increasing economic growth a priority. The ONS has consistently reported that the impact of the pandemic on the economy was less severe than initially believed, and growth in 2021 has surpassed earlier expectations.
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Center
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Coverage Details
Total News Sources16
Leaning Left2Leaning Right5Center4Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 18%
C 36%
R 45%
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