UK economic recovery slows sharply on Covid fallout | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Britain's economic recovery slowed sharply in July, official data showed Friday, as rises in Covid cases and supply shortages offset further lifting of lockdown restrictions.

Britain’s Chancellor of the Exchequer Rishi Sunak reacts as he arrives in Downing Street in central London on September 8, 2021.

This in turn is severely disrupting the global supply chain, while Britain’s recent divorce from the European Union has exacerbated the problem in the UK.Shops are not receiving deliveries, including of staples such as milk, as post-Brexit rules make it harder to hire EU citizens, leaving haulage companies with a drastic shortage of lorry drivers.

The UK has more than one million job vacancies despite the furlough scheme supporting jobs at a cost of almost £70 billion .The ONS on Friday added that Britain’s total economic output remains 2.1 percent below its pre-pandemic level in February last year.“I am confident that… we’ll continue to recover from the pandemic, we’ll see more new jobs, and we will build back better,” he said in a statement.

July meanwhile saw all lockdown restrictions lifted in England, allowing people to visit shops and hospitality venues without having to wear masks.“After many months during which the economy grew strongly, making up much of the lost ground from the pandemic, there was little growth overall in July,” ONS statistician Jonathan Athow said Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria records 559 new COVID-19 cases – NCDC | The Guardian Nigeria News - Nigeria and World NewsNigeria on Wednesday recorded 559 new COVID-19 cases, as total infections rose to 197,046.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

COVID-19: Death toll now 33 in Edo | The Guardian Nigeria News - Nigeria and World NewsEdo Government on Thursday said it had recorded about 33 deaths so far with unvaccinated persons since the third wave of the Coronavirus (COVID-19) pandemic in the state.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigeria adopts ECOWAS policy for better energy access | The Guardian Nigeria News - Nigeria and World NewsThe Federal Government, yesterday, adopted the Economic Community of West African States (ECOWAS) action plan on gender mainstreaming to tackle energy poverty, disparity and non-inclusion in Nigeria.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Messi breaks Pele goalscoring record | The Guardian Nigeria News - Nigeria and World NewsLionel Messi, with 78 goals, is now the leading international goalscorer in the history of South American football. His great rival Cristiano Ronaldo holds the outright record for goals scored in international football with 111. Messi Ronaldo Pele
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Lagos communities fret over exposed vandalised petroleum pipeline | The Guardian Nigeria News - Nigeria and World NewsEight days after commercial activities were grounded in Ikotun and environs following heavy flow of Petroleum Motor Spirit (PMS) from a vandalised pipeline into Omoboriowo Street, and Prince Adeyemi Street off Governor Road, Ikotun, residents are still in panic mode.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Marllie Taps YKB And Preezie J For 'Kickback' | The Guardian Nigeria News - Nigeria and World NewsMarllie, an LA-based Nigerian artist, is sharing his latest single “Kick Back.” The song features budding Lagos favourite YKB and Preezie J, a frequent collaborator of Marllie’s. Together, the trio serenades a love interest, utilizing their distinct vocal deliveries to spice this affectionate number. Backed by a lively pop beat, YKB, who’s formerly known as […] Marllie_ Cheeeeee!
Source: GuardianNigeria - 🏆 1. / 94 Read more »