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Special report: A story of averages

Is Britain’s economic recovery sustainable?

This article is the third of three pieces in our special report on the recovery. Click to read the first. Click to read the second.

The UK economy is finally in full recovery. It has expanded by a little over 3 per cent in the past year, and the last five quarters have all seen a pace of growth above our historic average. Economic output is back to the pre-recession peak (although the picture is rather less favourable in terms of output per head, down over 5 per cent, since the UK’s population has been rising). This revival, and…

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