
April Monthly Note
Global Review The UK economy grew at a blistering pace in 2021 despite the impact of Omicron. GDP grew by 7.5% for the year, marking the strongest growth since 1940 and the second world war. Growth was aided by the fact that output declined by less than expected in December, with economists expecting a large drop as some coronavirus restrictions were maintained, hitting the retail and hospitality sectors. The war in Ukraine continues to send shockwaves through global economie