Latest data released by ONS - 11 November 2021

  • Prior +5.5%
  • GDP +6.6% y/y
  • Prior +23.6%
  • Business investment +0.4% q/q
  • Prior +4.5%

A further easing of restrictions saw UK GDP expand by a decent pace in Q3, though less robust demand conditions and self-isolation restrictions in August may have weighed on overall activity during the quarter.

As things stand, UK real GDP is now 2.1% below its pre-pandemic level (Q4 2019).