Economics
U.K. Economy Roars Out of Lockdown as Consumers Splash the Cash
- Markit’s measure of growth hits highest since at least 1998
- Retail sales surged 9.2% as stores reopened in April
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The U.K. economy is firing on all cylinders as it emerges from months of lockdown, with the private sector expanding at the fastest pace in at least 23 years and retail sales surging.