Category : Search result: GDP


Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

UK Economy Stagnates with Zero Growth in April

Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.

Global Debt to Hit 100% of GDP by 2029 - IMF

The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.

UK Economy Grows 0.4% in Q2 - Strongest Since 2021

Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.

UK Economy to Lag Behind with High Inflation Until 2025

Britain's economic growth is set to lag behind other advanced nations with inflation remaining stubbornly high, according to a damning new OECD report that highlights the UK's ongoing cost-of-living crisis.

FTSE 100 Plummets as UK Economy Stagnates

The London Stock Exchange faces a sharp sell-off as new data reveals zero economic growth in April, fuelling concerns over persistent inflation and delaying hopes for a Bank of England interest rate cut.

UK Economy Stagnates with 0.0% GDP Growth in April

New figures from the Office for National Statistics show the UK's economic recovery stalled in April 2024, with zero growth following a 0.4% expansion in March. The services sector slowed while production fell, casting a shadow over the government's pre-e

Rachel Reeves slams 'shambolic' ONS economic data

Chancellor Rachel Reeves launches a blistering attack on the Office for National Statistics, criticising its 'shambolic' GDP figures and demanding a major review to restore trust in UK economic data.

Australia Ditches GDP for Holistic Wellbeing Framework

Australia unveils a revolutionary 'Measuring What Matters' report, shifting from pure economic growth to a holistic wellbeing framework that prioritises health, environment, and social equity for a truer measure of national prosperity.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

UK Economy Stagnates with Zero Growth in April

New official figures reveal the UK economy showed no growth in April, dealing a blow to Prime Minister Rishi Sunak and Chancellor Rachel Reeves. The stagnant GDP figures raise concerns about the nation's economic recovery and future prospects.

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