The economy grew by 2.3% in April 2021

The Office for National Statistics estimates that GDP grew by 2.3% in April this year as Government restrictions continued to cease, causing the fastest monthly growth since July 2020.

Data shows that GDP in April was still 3.7% below the national output seen in February 2020, but stood 1.2% above the initial recovery peak in October 2020.

Services grew by 3.4% in April, while accommodation service activities grew significantly by 68.6% as caravan parks and holiday lets opened up.

Food and beverage service activities grew by 39%, meanwhile, as pubs, restaurants and cafes were able to service customers in outdoor seating areas.

Output in the production sector fell by 1.3% while construction saw its first dropoff since December 2020, falling by 2%.

Production, mining and quarrying output fell by 15% in April due to a series of planned temporary closures for maintenance of oil field production sites.

Talk to us about your finances.

 

Let's talk. We're here to help get you started.

Our team of accountants in Hertfordshire is ready to provide the personalised support your business needs to thrive.

Your questions answered

How can Barley Grove help my start-up grow?

We provide tailored accounting and financial advice for start-ups, including cashflow management, financial forecasting, and strategic growth advice to help you succeed from the start.

Do you offer consultations outside of regular business hours?

Yes, we offer flexible consultations, including outside of regular business hours, to accommodate your busy schedule and ensure you get the support you need.

How do I switch accountants to Barley Grove?

Switching to Barley Grove is simple. We’ll manage the process, liaise with your previous accountant, and handle the paperwork to ensure a smooth transition.

Will switching accountants affect my current accounts?

No, switching accountants won’t disrupt your business. We’ll ensure a seamless handover of financial records and take care of the details for you.

Quickbooks logo
Xero Silver partner logo

Sign-up for our newsletter

By submitting your details you agree to receive email marketing from Barley Grove and have read and understood our Privacy Notice. You can withdraw your consent or change your preferences at any time by emailing us or by clicking the link at the bottom of every email we send you.

10-14 Old Wallfields,
Peg's Lane,
Hertford,
SG13 8EQ