The UK economy rebounded last year with growth of 7.5% despite falling back in December due to Omicron restrictions, official figures show.It was the fastest pace of growth since 1941, although it came after a dramatic 9.4% collapse in 2020 as the pandemic forced parts of the economy to shut.In December, the economy shrank 0.2% as Omicron restrictions hit the hospitality and retail sectors.Chancellor Rishi Sunak said the economy had been “remarkably resilient”.
The Office for National Statistics (ONS) figures showed that in the last three months of 2021 growth was 1%, which ONS director of economic statistics Darren Morgan said was “pretty healthy” given Omicron’s spread and the introduction of some restrictions.