Easing restrictions brings Britain’s economy back to before Corona

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  Despite the growth last April, the economy's growth remained 3.7% lower than it was in February 2020 (Getty)</p><div><p>The easing of lockdown restrictions to contain the Corona pandemic helped in Aprilريل <a target="_blank" href="https://www.alaraby.co.uk/2100-%D8%B5%D9%8A%D9%86%D9%8A-%D9%8A%D8%AA%D8%AD%D9%83%D9%85%D9%88%D9%86-%D9%81%D9%8A-%D8%AB%D8%B1%D9%88%D8%A9-%D8%AA%D8%B9%D8%A7%D8%AF%D9%84-%D8%AD%D8%AC%D9%85-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D8%B1%D9%8A%D8%B7%D8%A7%D9%86%D9%8A" rel="noopener">British economy</a> It is expected to grow by 2.3%, the fastest pace since July 2020, according to figures from the National Statistics Office on Friday.

The economy grew 2.3% during April, which saw the reopening of shops selling non-essential items and the return of a number of other service providers, such as hairdressers, to work. Students have also returned to the classroom after months of distance learning, while bars and restaurants can serve customers outdoors, AFP reported.

The four countries were raised in United kingdom – England, Scotland, Wales and Northern Ireland – Phased lockdown restrictions after new cases of corona fell sharply and vaccines were quickly introduced.

Despite the growth recorded in April, the economy grew 3.7% lower than it was in February 2020, before the UK’s first virus lockdown. Among the main sectors, construction was only above the level it was on the eve of the pandemic.

While the British economy is expected to regain more strength over the summer with the lifting of the remaining restrictions, Holger Schmieding, chief economist at Berenberg Bank, told The Associated Press: “After the historic crash in the spring of 2020, it is still a long way from the start.” United kingdom On track to return to the pre-pandemic level by the turn of the year… Based on recent data trends, that could happen sooner.”

Although most sectors of the economy have reopened, there are concerns that the next planned easing in England, scheduled for later this month, may have to be delayed due to the recent rise in new infections largely due to the delta variable that was first identified. in India.

The rise in GDP was driven by the services sector with the reopening of terraces of restaurants, bars, shops and non-essential businesses, while industry and construction witnessed a decline in GDP, according to the statistics office.

“These figures are a promising sign that our economy has begun to recover,” Finance Minister Rishi Sunak was quoted by AFP as saying.

In turn, Yael Selvin, an economist at the specialized group “KPMG”, said: “Activity rebounded strongly during the month when hair salons, shopping malls and sports clubs returned to work.”

In addition to reopening part of the economy after a strict closure at the end of December, the vaccination campaign and boosting consumer confidence contributed to GDP growth in April.

Selvin expects “a slowdown in growth in May and June, but the return of activity to a more normal level should be reflected in solid figures for GDP in the second quarter, which we expect to rise by 4.3%.”

And Prime Minister Boris Johnson is supposed to announce, in the coming days, whether he will confirm the complete lifting of health restrictions on June 21, as scheduled, given the rapid increase in the number of new infections with the virus due to the spread of new mutant corona.





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