UK GDP grew less than expected in May

GDP was up for the fourth month running as pubs and restaurants were able to reopen indoors. But it grew much weaker than the 1.5% expected, leaving the economy 3.1% below its pre-pandemic levels. The figure for May from the Office for National Statistics was lower than April's 2.0% growth when restrictions eased for non-essential retailers, hairdressers and pubs and restaurants that could serve customers outside. In May, hospitality firms were allowed to resume indoor service. The service sector grew by 0.9%, including a huge 37.1% monthly jump for accommodation and food services. Bu...