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3 Sep 20
Tax reforms should be implemented alongside the raising of tax rates to make eventual rises “less painful”, the Institute for Fiscal Studies has suggested.
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21 Aug 20
UK public sector net debt reached £2trn for the first time in July, in part down to the increased borrowing resulting from Covid-19.
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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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6 Aug 20
The Bank of England will continue to review the potential of negative interest rates, to help stimulate the UK’s economic recovery from Covid-19, it said today.
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29 Jul 20
Savings made by private sector firms and employees during lockdown could help pay for tax rises to cover the repayment of government Covid-19 debt, according to the National Institute of Economic and...
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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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24 Jul 20
Ratings agency Moody’s has warned that it could downgrade the UK’s credit rating if it fails to provide a credible debt reduction strategy following Covid-19.
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21 Jul 20
Local authority borrowing continued to rise in June to £3bn, £100m more than in May, and ten times higher than the figure for June 2019, according to figures from the Office for National Statistics.
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9 Jul 20
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
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24 Jun 20
Northern Ireland’s economic recovery from Covid-19 is predicted to be a “long-term endeavour” and likely take longer than the rest of the UK and Ireland, according to a report from think-tank Pivotal...
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18 Jun 20
Scottish GDP slumped by almost a fifth during the first full month of lockdown, according to the latest provisional figures.
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4 Jun 20
An additional £3bn could be lost from the coronavirus-hit Scottish economy over the next two years if an extension to the Brexit transition period is not agreed, the Scottish Government has warned.
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14 May 20
UK GDP contracted by 2% in the first quarter of this year, the biggest drop since the 2008 financial crisis, according to statistics from the Office for National Statistics.
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30 Apr 20
A “radical economic package” should be put in place to help kick-start the economy post-coronavirus, according to a report from the Institute for Government.
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21 Apr 20
Economic output in Scotland could fall by a third as a result of measures to tackle the coronavirus pandemic, according to the latest government commentary.
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9 Apr 20
Scottish GDP could contract by up to a quarter if coronavirus restrictions remain in place for three months, economists have warned.
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30 Mar 20
The coronavirus pandemic is on course to cause the deepest recession in the UK since the financial crisis of 2008, according to the Centre for Economics and Business Research.
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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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18 Sep 19
GDP in Scotland fell by 0.3% in the second quarter of the year, just above the rate for the UK as a whole, according to the latest data.
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20 Sep 18
Scotland’s economy outstripped that of the rest of the UK by growing 0.5% in the second quarter of 2018, buoyed by output from the retail and wholesale sectors, according to the latest statistics.
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22 Feb 18
Unemployment has increased and growth is slower than predicted, although public sector borrowing is down, according to official data.
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21 Sep 16
The OECD has slightly revised up its growth forecast for the UK in 2016 despite what it said was the “extremely high” uncertainty of the impact of the vote to leave the European Union.
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23 Dec 15
Economic growth in the UK has been revised down for both the second and third quarters of 2015, the Office for National Statistics has said.
3 Sep 20Tax reforms should be implemented alongside the raising of tax rates to make eventual rises “less painful”, the Institute for Fiscal Studies has suggested.
21 Aug 20UK public sector net debt reached £2trn for the first time in July, in part down to the increased borrowing resulting from Covid-19.
12 Aug 20The 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.
6 Aug 20The Bank of England will continue to review the potential of negative interest rates, to help stimulate the UK’s economic recovery from Covid-19, it said today.
27 Jul 20The 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.
24 Jul 20Ratings agency Moody’s has warned that it could downgrade the UK’s credit rating if it fails to provide a credible debt reduction strategy following Covid-19.
9 Jul 20Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
18 Jun 20Scottish GDP slumped by almost a fifth during the first full month of lockdown, according to the latest provisional figures.
30 Apr 20A “radical economic package” should be put in place to help kick-start the economy post-coronavirus, according to a report from the Institute for Government.
21 Apr 20Economic output in Scotland could fall by a third as a result of measures to tackle the coronavirus pandemic, according to the latest government commentary.
6 Feb 20The 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.
18 Sep 19GDP in Scotland fell by 0.3% in the second quarter of the year, just above the rate for the UK as a whole, according to the latest data.
22 Feb 18Unemployment has increased and growth is slower than predicted, although public sector borrowing is down, according to official data.
21 Sep 16The OECD has slightly revised up its growth forecast for the UK in 2016 despite what it said was the “extremely high” uncertainty of the impact of the vote to leave the European Union.
23 Dec 15Economic growth in the UK has been revised down for both the second and third quarters of 2015, the Office for National Statistics has said.
