With lockdowns being lifted, the British private sector has reported its fastest growth in more than two decades, with numbers in May hitting their highest points since HIS Markets began in 1998, led by the service sector. RT’s Boom Bust welcomed Hilary Fordwich, the president of Strelmark BD Consultants, to discuss a thriving economy which is walking hand-in-hand with rising inflation. READ MORE: UK Health Secretary says Indian variant of Covid-19 could ‘spread like wildfire among the unvaccinated’ Fordwich noted that the pound had bounced back to about 1.42 against the US dollar, up from 1.20, where it was after the Brexit vote in 20
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