"It is becoming clear that forecasters may have underestimated the pace at which the UK economy is recovering from the Covid-19 Pandemic.

As data continues to be released for Q1, it shows that the recovery actually began when Prime Minister Boris Johnson announced his Roadmap setting out the stages at which the country would return to normal.

Businesses began to hire or re-hire staff in anticipation of a surge in activity while the public began to see the light at the end of the tunnel.

While Q1 GDP growth will be negligible, the continued increases being made to 2021 estimates has its roots in an underrating of the pent-up demand and the eagerness of the country to return to normal.

Fundamentals for the UK economy have turned positive with leading indicators improving every month.

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