Tag Archives: growth

UK avoids triple-dip recession

As expected, the UK economy has escaped from a triple-dip recession by the skin of its teeth with a return to positive growth of just 0.3% in the first quarter of 2013, according to provisional estimates released by the ONS today. Continue reading

Posted in Economics | Tagged , , , , , | Leave a comment

UK edges nearer to triple-dip recession

The UK economy experienced a fall in GDP in the fourth quarter of 2012, according to provisional estimates released by the ONS today. The 0.3% fall, which comes on the back of positive news on jobs, means that the UK … Continue reading

Posted in Economics | Tagged , , , , | Leave a comment

UK GDP – quarterly growth of 1%

The UK economy experienced a rise in GDP in the third quarter of 2012, according to provisional estimates released by the ONS today. The increase of 1%, which follows positive news on inflation and jobs, puts the break on what … Continue reading

Posted in Economics, UK Economy | Tagged , , , | Leave a comment

China’s growth to slow

Economic growth in the East Asia and Pacific region is likely to slow down from 8.2% in 2011 to 7.2% this year, before recovering to 7.6% in 2013, according to the World Bank in its East Asia and Pacific Economic … Continue reading

Posted in Economics | Tagged , , , | Leave a comment

UK economy shrinks by a further 0.7%

The UK economy experienced another fall in GDP in the second quarter of 2012, according to provisional estimates released by the ONS today, making this the longest and deepest double-dip recession since official records began over 50 years ago. UK … Continue reading

Posted in Economics | Tagged , , , , | Leave a comment

UK back in recession

While the Leveson Inquiry rumbles on, spare a thought for the poor old UK economy. Figures released today tell a sorry tale of economic woe, with negative growth of 0.2 in the first quarter of 2011. While these figures are … Continue reading

Posted in Economics, UK Economy | Tagged , , , , , , | Leave a comment

UK growth slows

Figures released today by the Office for National Statistics (ONS) confirmed what virtually all pundits had been expecting – second quarter growth lower than the previous quarter. GDP growth between April and June fell to just 0.2%, down from 0.5%. … Continue reading

Posted in Economics, UK Economy | Tagged , , , , | Leave a comment

UK growth lower than forecast

The British Chambers of Commerce (BCC) expects UK growth to be lower than previously predicted, at 1.3% for 2011 and 2.2% for 2012, according to its most recent Quarterly Economic Forecast (30/05/2011). The BCC also predicts that UK unemployment will … Continue reading

Posted in Economics | Tagged , , , | Leave a comment