UK shows 'first signs' of recovery as economy grows 0.4% in February

clock • 2 min read

The UK economy returned to growth in February, expanding by an estimated 0.4% even as nationwide lockdowns remained in place, although GDP output remained 7.8% below a year earlier, according to the latest figures.

The Office for National Statistics (ONS) reported that the service sector grew by 0.2% in February 2021, as wholesale and retail trade sales "picked up a little" but said that, overall, consumer-fa...

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Capita CSP contract, BCSSS appoints BlackRock, warning over IHT pension reforms

Professional Pensions
clock 03 July 2026 • 1 min read
News Digest: Steve Webb - Six things Andy Burnham must do to fix pensions

News Digest: Steve Webb - Six things Andy Burnham must do to fix pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 03 July 2026 • 1 min read
SEI to launch two LTAFs in private markets expansion

SEI to launch two LTAFs in private markets expansion

'Another step towards achieving the Mansion House ambition'

Cristian Angeloni
clock 02 July 2026 • 1 min read
Trustpilot