UK economy bouncing back following a terrible 2020

Figures are showing that the UK could bounce back strong following a disastrous 2020, according to the Office of National Statistics (ONS) the final two quarters of the year showed growth of 16.9% and 1.3% respectively the latter being the latest UK wide lockdown.

Figures show that during 2020 the UK’s GDP fell by a massive 9.8%, although given the circumstances it should hardly be a surprise. While these figures appear to be disappointing it is believed that the UK is in a strong position to turn things around during 2021.

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