{"id":72678,"date":"2021-06-28T14:54:48","date_gmt":"2021-06-28T14:54:48","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72678"},"modified":"2021-06-28T14:54:49","modified_gmt":"2021-06-28T14:54:49","slug":"uk-economy-tipped-to-bounce-back-strongly","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/uk-economy-tipped-to-bounce-back-strongly\/","title":{"rendered":"UK economy tipped to bounce back strongly after the pandemic"},"content":{"rendered":"\n<p>Economic growth is on course to return to pre-Covid levels by the end of the year, a leading business group is predicting.<\/p>\n\n\n\n<p>But the CBI warned of a \u201ctwo-speed recovery\u201d, with sectors having different levels of recovery.<\/p>\n\n\n\n<p>Its research among almost 600 firms suggested that in the three months to June, private sector activity grew at the fastest pace for six years.<\/p>\n\n\n\n<p>Manufacturing and distribution activity grew at record rates while growth in business and professional services remained strong, but consumer services activity continued to fall, said the CBI.<\/p>\n\n\n\n<p><em>To find out more about how we can assist you with your Second Charge Mortgage please <a rel=\"noreferrer noopener\" href=\"https:\/\/secondchargemortgageuk.com\/contact-us\/\" target=\"_blank\">click here<\/a><\/em><\/p>\n\n\n\n<p>Alpesh Paleja, CBI lead economist, said: \u201cWith much of the economy having now reopened, we\u2019re seeing a boost in activity across the economy.<\/p>\n\n\n\n<p>\u201cWith robust expectations for the months ahead, and real positivity in terms of vaccine uptake, CBI forecasts show that UK GDP is on course to return to pre-Covid levels by the end of the year.<\/p>\n\n\n\n<p>\u201cWhere we need to remain vigilant is the emergence of a two-speed recovery.\u201d<\/p>\n\n\n\n<p>The CBI added that sectors such as manufacturing, distribution and business and professional services looked well on the road to recovery, while firms in industries such as travel needed greater support to prevent the loss of skilled jobs.<\/p>\n\n\n\n<p><em>By Daniel Smith<\/em><\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener\" href=\"https:\/\/www.essexlive.news\/news\/uk-world-news\/uk-economy-tipped-bounce-back-5579729\" target=\"_blank\">Essex Live<\/a><\/p>\n\n\n\n<p><em>Discover our <a rel=\"noreferrer noopener\" href=\"https:\/\/secondchargemortgageuk.com\/\" target=\"_blank\">Second Charge Mortgage Broker<\/a> services.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic growth is on course to return to pre-Covid levels by the end of the year, a leading business group is predicting. But the CBI warned of a \u201ctwo-speed recovery\u201d, with sectors having different levels of recovery. Its research among almost 600 firms suggested that in the three months to June, private sector activity grew [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":72263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1978],"tags":[2164,2116,2075],"yst_prominent_words":[109,435,485,1819],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK economy tipped to bounce back strongly after the pandemic<\/title>\n<meta name=\"description\" content=\"UK economy - Economic growth is on course to return to pre-Covid levels by the end of the year, a leading business group is predicting.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/secondchargemortgageuk.com\/uk-economy-tipped-to-bounce-back-strongly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK economy tipped to bounce back strongly after the pandemic\" \/>\n<meta property=\"og:description\" content=\"UK economy - 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