Tag Archives: GDP

Budget 2014: GDP per capita will not return to previous peak until 2017

If we look at the small print of the OBR document (table 1.5), it actually says that GDP per capita is not expected to return to its pre-recession peak until 2017.

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UK GDP up 0.7 per cent

UK GDP grew by 0.7 per cent in the fourth quarter of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

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Consumer debt, another house price boom – what sort of recovery is this?

The chancellor has given up on any rebalancing of the economy and has fallen back on what can only lead, further down the line, to another crash.

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Today’s GDP figures: the smirk on the corpse

Today’s GDP figures are certainly cause for cheer. After three years of flatlining the economy is finally showing signs of life.

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UK economy grows by 0.6%

UK GDP grew by 0.6 per cent in the second quarter of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

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Ireland, poster child for austerity hawks, slips back into recession

Ireland, Europe’s poster child for austerity, has slipped back into recession, and the country’s 2012 GDP has been revised sharply lower from +o.9 per cent to just +0.2 per cent.

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‘Absurd’ to read significance into today’s GDP revision, says ONS

The UK economy did not enter a double dip recession at the beginning of 2012, according to new figures from the Office for National Statistics (ONS).

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UK GDP down 0.3 per cent

UK GDP fell by 0.3 per cent between the third and fourth quarters of 2012, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

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Why are British workers getting less productive?

The IFS produced a new report today examining why British workers are getting less productive.

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Watch: Miliband flays Cameron on the economy at PMQs

Following Friday’s poor growth figures, Ed Miliband went after David Cameron on his failing economic record at today’s Prime Minister’s Questions.

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