"There's more bad news too. Survey data to start the year have also yet to show any bounce back. Downside risks to our first quarter of 2025 GDP growth forecast (of 0.3% quarter-on-quarter growth) are rising with the latest PMI data pointing to only a modest rebound to start the yea...
Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it ...
UK economy growing but GDP per capita falling In 2022, the UK's GDP per capita amounted to approximately 37,371 pounds, with this falling to 37,028 pounds in 2023, and 36,977 pounds in 2024. While the UK economy as a whole grew during this time, the UK's population grew at a fast...
HSBC raised its UK GDP growth forecast for 2023 from 0.2% to 0.5%.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness...
There's been a downward revision to GDP, a key measure of economic growth, the Office for National Statistics (ONS) said on Friday morning. Rather than remaining stagnant, as first thought, the economy contracted 0.1% in the three months from July to September. ...
Full-year organic sales rose 2.2%, meeting the forecast by LSEG analysts but well below the 7.2% recorded in 2023. Net profit was 10.9 billion Swiss francs ($11.95 billion), in line with company compiled expectations. Nestle in October cut its full-year outlook amid weak underlying sales gro...
The Foucast breaks down a huge day for the UK economy and British politics, as Rachel Reeves delivers her Spring Statement with cuts to welfare and a new forecast from the OBR slashing the UK’s prospect for growth. 25 Mar 2025 2m Spring statement: How will the Chancellor balance the ...
Published: October 23, 2024Report Code: GDPE2365ICR-ST Share United Kingdom (UK) Power Market Report Overview The United Kingdom (UK) power market had a cumulative installed capacity of 106.8GW in 2023 and will grow at a CAGR of more than 6% during 2023-2035. The residential sector accou...
Updated predictions last week from the Bank of England, which had forecast that the economy entered recession in the second half of last year, ruled out the likelihood of a recession in 2023. Ruth Gregory at Capital Economics said the upward revisions to the GDP figures for the third an...
38. Nominal UK GDP, inflation (CPI) and real GDP: historical and forecast39. B2B parcels market and real GDP - historical and forecast40. UK retail sales/% annual change41. Internet retail sales: value and as % of all retailing/£bn, %42. Internet retail sales which typically do/do...