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GDP

  • Fresh data reveals ‘more complex picture of economic welfare’

    November 13, 2024

    Many advanced economies have suffered from a slowdown in GDP growth since the financial crisis.

  • Why the Budget complicates life for the Bank of England

    November 5, 2024

    Just when it seemed that inflation was finally coming under control, the government has announced a big increase in public spending.

  • Top economists cast doubt on Reeves’ Budget growth pledge

    November 4, 2024

    Top economists are split on whether last week's Budget will deliver a boost to the UK economy over the next five years, a City AM poll has revealed, as the Chancellor tries to calm markets.

  • What will the Budget mean for the UK economy?

    October 31, 2024

    “This budget delivers one of the largest increases in spending, tax and borrowing of any fiscal event in history,” Richard Hughes, chair of the OBR said.

  • Autumn Budget 2024: OBR forecasts how much economy will grow

    October 30, 2024

    Forecasts from the Office for Budget Responsibility were published alongside the new government's first Budget.

  • Eurozone grows twice as fast as expected as Germany dodges recession

    October 30, 2024

    New 'flash' figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter.

  • Firms worry about flatlining growth amid Budget tax rises concerns

    October 30, 2024

    Private sector firms expect to see growth flatline in the final months of the year, a survey suggests, as concerns about the Budget build. For the second successive month, the Confederation of British Industry’s (CBI) growth indicator showed that businesses do not expect to see any change in activity over the next quarter. The CBI [...]

  • Budget uncertainty sends economic activity down to lowest level in almost a year

    October 24, 2024

    Uncertainty surrounding the Budget knocked economic activity in October, according to a closely watched business survey, as firms delayed decisions in the face of possible tax changes.

  • UK economy downgraded on consumer spending worries

    October 24, 2024

    The Big Four firm predicted that the UK would grow 0.9 per cent this year, down from the 1.1 per cent expansion it projected this summer.

  • UK economy receives hefty growth upgrade from IMF

    October 22, 2024

    The international fiscal watchdog now expects the UK to grow 1.1 per cent in 2024, up from a previous forecast of 0.7 per cent.

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