Economics

British Consumers Started the Big Splurge, Real-Time Data Show

  • Restaurant bookings and job posts have surged in recent weeks
  • Government and Bank of England anticipate a rapid recovery
Photographer: Jason Alden/Bloomberg
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The U.K. economy is building momentum, with real-time indicators suggesting consumers have started to splurge some of the cash they’ve saved now that the government has loosened lockdown rules.