Government response 'crucial' as UK GDP nudges 1% higher in Q4 2020

Headline GDP falls 9.9% in 2020

Mike Sheen
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The recovery in December was mainly driven by service sector firms
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The recovery in December was mainly driven by service sector firms

UK GDP was 1.2% higher in December 2020 as eased lockdown restrictions for the month helped to bring total growth for the fourth quarter of the year to 1% overall, according to the latest Office for National Statistics (ONS) data.

The Q4 rise added to the 16.1% growth seen in the third quarter, but December growth remained 6.3% below pre-lockdown February levels and growth in the final three months of the year was 6.6% lower than...

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