February

Groundhog Day, a break in the bleakness of winter

February is the worst month and everybody knows it. The awkward number of days, the wretched weather. Even the way it’s spelled is irritating. Yet just when you think your raging Seasonal Affective Disorder will get the best of you, February, of all months, offers a break in the bleakness that’s been indomitable since New Year’s. It’s absurd, hokey and best of all, like the Pennsylvania Dutch who invented it, immune to politics. Which is why Groundhog Day should be a national holiday instead of just a regional one. Groundhog Day seemed like a big deal when I was a kid.

groundhog

Is the UK taking advantage of its vaccine success?

From our UK edition

UK GDP ever so slightly edged up in February, growing 0.4 per cent according to today’s update from the Office for National Statistics. No surprises here: there were no changes to lockdown restrictions between January and February, which gave the economy little room for manoeuvre. The ONS has revised January’s GDP fall from 2.9 to 2.2 per cent: still a contraction, but another good indicator that businesses have significantly adapted to lockdown rules, which has meant that this winter’s lockdown didn’t plunge GDP down to record levels as it did last spring.