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News
UK GDP
UK GDP News
recession
15 Feb 2024
UK Fell In Recession At End Of 2023 As Output Shrank More Than Expected In Q4
The Office for National Statistics estimated that economic activity, as measured by gross domestic product, declined by 0.3% in the fourth quarter of the year from the previous three-month period, with all three main sectors — services, industrial production and construction — down.
Brexit
27 Jan 2017
No Brexit effect as British economy posts record growth
The British economy grew at the fastest pace against any of its G7 peers in 2016, despite the second half of the year passing through the shadow of Brexit.
British Prime Minister
21 Nov 2016
British PM Theresa May to unveil industrial strategy to trigger 'ambitious' ideas
Prime Minister Theresa May will unveil her new industrial strategy on Monday, pledging to spend billions of pounds on science, technology and research to spur a new "ambitious" way of doing business in Britain.
Britain economic growth
30 Jun 2016
UK economic growth slows in first quarter
Britain`s economic growth slowed in the first quarter from the previous three months, official data confirmed Thursday, as business investment faltered on uncertainty before the Brexit referendum.
Tata Group
29 Jul 2015
Tata profits up; contributes 8 billion pounds to UK GDP
The Tata Group's international business helped push its profits up by 5.3 percent last year, with the Indian conglomerate contributing 8 billion pounds to the UK's GDP in 2013-14.
British economy
28 Jul 2015
British economy bounces back in second quarter
Gross domestic product grew 0.7 percent between April and June, the Office for National Statistics (ONS) said in an initial estimate. That matched analysts` forecasts.
Britain economy
30 Jun 2015
UK economic growth revised higher: Data
Britain`s economy grew more than expected in the first quarter but output was still lower compared with the end of last year, official data showed on Tuesday.
UK economy
28 Apr 2015
British economy slows sharply to 0.3% growth in Q1
Britain`s economy grew far slower than expected in the first quarter of 2015, official data showed Tuesday, delivering a blow to the government just nine days before a general election.
British economy
24 Oct 2014
British economy slows down in third quarter
The economy had expanded by 0.9 percent during the second quarter, and by 0.7 percent in the first quarter.
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