- Consumer spending has recovered near pre-pandemic levels but recession still in UK.
- At the fastest pace in five years, UK private sector business activity grew in JUL 2020.
British economy can hope for a rapid recovery from the lockdown caused by coronavirus as the business activity in the private sector of UK has received the highest boost in five years. A summer rebou....
Tags : Chartered Institute of Procurement & Supply, IHS Markit, United Kingdom, UK, retail, coronavirus, COVID-19, purchasing managers’ index, PMI, Gross Domestic Product, GDP, business,