UK PM Johnson says economic data is encouraging

LONDON – British Prime Minister Boris Johnson mentioned financial information revealed on Thursday was encouraging and he informed his ministers they wanted to give attention to a jobs-led restoration.

“Essentially the most extraordinary factor about the best way the nation got here again from the pandemic was the power of the employment place…that's the single most essential factor we have to give attention to: a robust jobs-led restoration,” Johnson mentioned in the beginning of a cupboard assembly.

“I'm inspired by a few of the progress figures I simply noticed this morning … jobs, jobs, jobs is the reply.”

The info confirmed gross home product fell 0.1% in March from February. That left progress within the first three months at 0.8%, weaker than the Financial institution of England’s 0.9% forecast and the 1.0% median forecast by economists polled by Reuters.

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