The United Kingdom's economy grew by 0.9 percent in 2024, after a growth rate of 0.4 percent in 2023, 4.8 percent in 2022, 8.6 percent in 2021, and a record 10.3 percent fall in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurre...
The country also logged no GDP growth in June. Britain's dominant services sector showed slight growth of 0.1% in the month to July, while production and construction output fell by 0.8% and 0.4%, respectively. Britain's economic growth was up 0.5% in the three month to July, slightly be...
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquial...
In Q323, the UK economy recorded zero growth in q-o-q terms, which followed an expansion of 0.2% q-o-q in Q2. While this outcome differed from the 0.1% q-o-q expansion which
Although on an annual basis, the UK economy grew slightly in 2023, the UK entered 2024 in recession following two quarters of negative economic growth at the end of 2023. After a huge 10.4 percent fall in GDP in 2020, economic growth rates were relatively strong during a period of economic...
1952$44,002M0.3% 1951$40,536M3.1% 1950$36,114M1.8% 1960$1,3926.5% 1959$1,308 Evolution: GDP growth rate at constant prices United Kingdom Your browser does not support charts× Evolution: GDP per capita United Kingdom Your browser does not support charts× ...
According to the ONS, food and non-alcoholic beverage prices rose by 8 percent in December year-on-year, the lowest growth rate since April 2022. "Today's inflation figures show it isn't 'job done,' despite coming after last month's sharper-than-expected fall. Indeed, risks to the infl...
The regional economic imbalance is also set to be reflected in the jobs market. All three regions in the South of England are forecast to exceed the UK’s overall average annual employment growth rate of 1.1% between 2024 and 2027. London, the South East and the South West are expected to...
Sterling was stronger in Q1 2024 compared to Q1 2023 and reduced the headline growth rate by 1.7 percentage points Healthcare, oil, telecoms, and food, drink and tobacco dominated Q1 – but the fastest growth came from the airlines, leisure and travel sector ...
December 17 2024 UK employment UK wage growth accelerates to 5.2% Increase in pay for three months to October driven by private sector November 28 2024 Cost of living crisis UK tenants hit by highest inflation in September Rental costs rose 3% on average compared with 2.6% for households with...