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

Mike Sheen
clock • 2 min read

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Donation will support a minimum of 55 wellbeing spaces for the next two years

Jonathan Stapleton
clock 06 March 2026 • 3 min read
Royal London BPA business secures £1.3bn of premiums in first full year of trading

Royal London BPA business secures £1.3bn of premiums in first full year of trading

Firm’s annual results show workplace pension membership has reached 2.2 million savers

Holly Roach
clock 06 March 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Spring Statement, TPR DB report, and QinetiQ scheme appoints Insight as fiduciary manager

Professional Pensions
clock 06 March 2026 • 1 min read
Trustpilot