UK economy picks up as lockdown restrictions ease

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The UK economy shrank by 1.5% in the first three months of 2021, but picked up speed in March. …

Suren Thiru, head of economics at the British Chambers of Commerce, said: “The first quarter decline should be followed by a robust rebound in the second quarter as the effects of the release of pent-up demand, as restrictions ease and the strong vaccine rollout, are fully felt.

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