UK economic outlook The V-shaped recovery turns W

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UK economic outlook The V-shaped recovery turns W

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UK economic outlook The V-shaped recovery turns W
GDP growth slowed in August (+2.1%) from July (+6.4%), despite the boost to the hospitality sector from Eat Out to Help Out, while work from home (WFH) guidance remained in place for professional services.

Contents

Where does the UK economy stand?

Brexit transition period ends in 2020

Paradigm shift online

 

Figures

Figure 1. Monthly GDP Index

Figure 2. UK Gross Value Added by sector, 2018 (£m)

Figure 3. Contribution to August GDP growth by sector (%)

Figure 4. Redundancies (000s)

Figure 5. Average retail weekly sales by channel (£m)

Figure 6. Value of average weekly online-only sales by category (£m)