UK’s Sunak: Economy recovering very strongly

The UK Finance Minister Rishi Sunak said that the economy is recovering very strongly, in response to the mixed UK growth figures.

Additional comments

“Shock to public finances has been significant.”

“UK growth lifted by a 4.5% jump in the healthcare sector, as GPs returned to more-normal service after implementing emergency measures during the depths of the pandemic.”

Market reaction

Amidst mixed UK data dump and US dollar bounce, GBP/USD eases to 1.3855, down 0.08% on the day.


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