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12 May 22
UK gross domestic product flatlined in February and fell in March as households cut spending amid rising prices.
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10 Feb 22
A behind-the-scenes process to tweak how GDP is calculated could blunt the measure’s ability to harm the environment, says author Ehsan Masood.
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13 May 21
The UK economy shrank by 1.5% in the first three months of this year, although GDP started to recover as Covid-19 restrictions were eased, according to the Office for National Statistics.
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6 May 21
UK GDP is forecast to grow by 7.25% this year, as Covid-19 restrictions are lifted – the fastest growth since the Second World War, according to the Bank of England.
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13 Apr 21
The coronavirus pandemic led to a 7.8% GDP contraction the year to February, according to the Office for National Statistics.
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12 Mar 21
The UK’s GDP shrank by 2.9% in January, as Covid-19 restrictions and European Union import disruptions reduced economic activity, according to the Office for National Statistics.
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10 Mar 21
The UK’s economic recovery from Covid-19 will begin later than previously expected, but will provide accelerated growth in the coming years, according to ratings agency Standard and Poor’s.
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12 Feb 21
UK GDP fell by 9.9% in 2020, the largest yearly drop in more than 300 years, following the impact of Covid-19.
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15 Jan 21
The UK’s economy shrank by 2.6% in November, as a result of the second English lockdown, according to the Office for National Statistics.
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7 Jan 21
The UK’s economy could take until 2024 to reach pre-Covid-19 levels, economists at PwC have warned.
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10 Dec 20
UK GDP growth slowed to 0.4% in October prior to introduction of a second national lockdown, according to the Office for National Statistics.
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8 Dec 20
The UK government’s lack of fiscal rules and strategy to tackle record debt are a “major source of uncertainty”, according to ratings agency Moody’s.
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24 Nov 20
The UK’s GDP is forecast to decrease by as much as 3.6% in the final three months of this year as result of the second lockdown, according to advisory firm PwC.
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13 Nov 20
The UK’s second Covid-19 lockdown is set to knock a further half per cent off GDP this year, according to ratings agency Moody’s.
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12 Nov 20
UK GDP soared by a record 15.5% in the third quarter of this year as lockdown measures were loosened, according to the Office for National Statistics.
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26 Oct 20
The UK’s credit rating could be upgraded if a post-Brexit trade deal is agreed with the European Union, according to ratings agency Standard and Poor’s.
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9 Oct 20
The UK’s GDP growth slowed to 2.1% in August as the UK’s economic recovery from Covid-19 continues, according to the Office for National Statistics.
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20 Aug 20
Economists’ predictions for the contraction in the UK’s GDP following Covid-19 became more pessimistic in August, according to the latest independent forecasts published by the Treasury.
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12 Aug 20
The recession caused by the Covid-19 pandemic has led to the biggest fall in the UK's quarterly gross domestic product since records began, according to the Office for National Statistics.
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27 Jul 20
The UK’s economic recovery from Covid-19 may not take place until late-2024, as hopes of a V-shaped recovery “diminish”, according to economists at advisory firm EY.
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15 May 20
CIPFA's chief economist Jeffrey Matsu explores the state of the UK economy as it attempts to weather the storm of Covid-19.
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24 Mar 20
The coronavirus pandemic could see the UK's GDP decline by 5.4% in 2020, according to consultancy firm KPMG.
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6 Feb 20
The chancellor’s aim of raising the UK’s economic growth to 2.75% per year is “unlikely” in the current climate, according to Britain’s oldest economic think-tank.
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10 Oct 19
The UK economy contracted by 0.1% in August but growth over a three-month period shows it is likely to avoid recession.
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27 Apr 16
The UK economy grew by 0.4% in the first three months of the year, according to estimates published by the Office for National Statistics today.