With new data from the Office of National Statistics (ONS) showing that the UK economy grew by 4.8% in the second quarter of 2021, there are some really promising signs that our economic recovery is gathering pace. It’s a pivotal time for businesses; there’s a strong sense of optimism enjoyed across the board but this must be harnessed if we’re to maintain momentum.
Carol Roberts, Director of Asset Finance, explores the vital role that Asset Finance is playing in our continued recovery.
Despite the fact that the Government’s pandemic support packages are drawing to a close, we have seen some very clear indicators of optimism across our entire business over the past few months and it is encouraging to see that this trend is now evident in the ONS’ most recent data on economic growth. Our economy having grown 4.8% between April and June is a mark of commercial resilience, of businesses’ abilities to adapt, diversify and find ways to sustain and grow against the odds. This news will be a welcome sigh of relief for many, but we can’t rest on our laurels; we must continue to look forward.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.