Rolling protection of the most recent financial and monetary information, because the UK economic system returns to progress
- Newest: economists predict sturdy restoration this yr
- UK exports to EU partially rebounded..however nonetheless decrease than a yr in the past
- UK GDP rose 0.4% in February
- Building and manufacturing lead restoration, however providers struggled
- The important thing charts: GDP nonetheless under October 2020
- January’s GDP revised - to indicate a smaller contraction
Additionally at this time:
- Buyers await US inflation knowledge (1.30pm BST)
- Robust China commerce knowledge in a single day
12.33pm BST
My colleague Georgina Quach has spoken to a number of UK companies about how they’ve coped with the pandemic, and the Brexit deal.
AJ Energy, which relies in Craigavon, Northern Eire, manufactures diesel-powered producing units on the market in worldwide markets — and has been hit by an onslaught of paperwork and surcharges, she stories:
The [Northern Ireland] protocol created a brand new commerce border with Northern Eire and the remainder of the UK, leading to further checks on items.
“It has been an enormous downside to us,” [chairman Ashley] Pigott mentioned. “We’ve got 15,000 manufacturing line gadgets – 80% of which originate from mainland Nice Britain – that each one must be customs coded.”
Associated: Bouncing again? UK companies’ views blended as Covid lockdown eases
12.28pm BST
Right here’s Felicity Lindsay, actual property companion at legislation agency Gowling WLG, on Goldman Sachs’ new Birmingham workplace:
“Bigger corporations particularly, nonetheless derive a major degree of brand name fairness available in the market from their workplace buildings, which offer a way of belonging and neighborhood to staff and assist to extend innovation and engagement ranges.
Such a major funding in the way forward for Birmingham’s workplace market significantly, speaks volumes for the possible post-pandemic improve in regional hubs, instead or as a complement to HQ house within the capital.”
Proceed studying…
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