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Economy

UK GDP rises 7.5% in 2021, largest increase since WW2

Despite the rapid growth, measured on a quarterly basis, the office said UK’s gross domestic product in the three months to December remained 0.4% below the level recorded in the fourth quarter in 2019

The UK economy increased by a “better-than-expected” 7.5% in 2021 to record the “fastest” incline since the Second World War, following the 9.4% contraction in 2020.

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