All the updated news related to gross domestic product

All the news related to gross domestic product updated in real time

Found 17

forgross domestic product

Order by:

UK economy sees ‘feeble’ rebound in July amid heatwave and rising prices

Britain’s economy staged a modest rebound in July after contracting in June, but growth was held back by the searing heatwave and pressure from rocketing prices, official figures show. The Office for National Statistics (ONS) said gross domestic ...

12 Sept 2022 at 10:08

Scotland

Decline in service sector blamed as Scotland’s GDP falls by 0.2% in July

Scotland’s onshore GDP fell by 0.2% in July, according to the latest estimates from the Scottish Government. The decline comes after a fall of 0.8% in June and means GDP is just 0.1% higher than the pre-pandemic level in February 2020. GDP ...

28 Sept 2022 at 12:55

Finance

Economy surged ahead of Omicron outbreak

The UK’s economy was showing signs of leaving the pandemic behind it in November, before the Omicron variant of Covid-19 ripped through the country. During the month, gross domestic product (GDP) – a measure of all goods and services that ...

14 Jan 2022 at 09:26

Jeremy Hunt declares he is ready to ‘cut taxes and bet on growth’

Chancellor Jeremy Hunt has declared he is ready to “cut taxes and bet on growth” after the UK’s gross domestic product (GDP) grew again in February. The GDP was estimated to rise 0.1% in February, according to figures from the Office for ...

13 Apr 2024 at 02:26

City

Nature degradation could cause 12% loss to UK GDP in coming years – analysis

Nature degradation could lead to a 12% loss to UK gross domestic product (GDP) by 2030, according to a “groundbreaking” analysis. Economists, scientists, Government officials and financial regulators provided direction for a new ...

25 Apr 2024 at 00:01

World

Japan’s economy drops to fourth largest in world as recession hits

Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according ...

15 Feb 2024 at 09:33

UK on course for recession after economy shrinks in September

The UK may have entered what experts say could be the longest recession in a century as official statisticians said the economy shrank by 0.2% between July and September. The Office for National Statistics (ONS) said gross ...

11 Nov 2022 at 16:07

Why did the economy stall in April and will it affect the election?

The UK economy failed to grow in April, official figures showed, as heavy rainfall put a dampener on growth. It is the last official health check on the economy before the General Election next month, and it will have ...

12 Jun 2024 at 15:53

Why did the UK economy grow in August and what does it mean?

The UK economy grew in August after two months of flatlining earlier in the summer, official figures showed on Friday. The modest improvement came as Chancellor Rachel Reeves prepares for the upcoming Budget at the ...

11 Oct 2024 at 12:25

UK economy returns to growth in May

The UK economy grew quicker than expected in May as more shoppers returned to high streets and construction work recovered, according to official data. The Office for National Statistics (ONS) said gross domestic ...

11 Jul 2024 at 11:46

Summer rate cut ‘on a knife-edge’ after economy grows faster than expected

The chance of a summer interest rate cut is on a “knife-edge” after the UK economy grew faster than expected in May, economists have warned. Official data showed that the economy returned to growth as more ...

11 Jul 2024 at 12:35

Lack of growth in UK’s latest GDP figures ‘deeply alarming’, says Swinney

Scotland’s First Minister John Swinney has described recent UK-wide GDP (gross domestic product) figures as “deeply alarming”. The Office for National Statistics (ONS) released statistics on Monday ...

23 Dec 2024 at 15:15

Years
2025

Iconic Media is Ireland's largest independently owned regional newspaper and media group, with an unrivalled audience in print, online and mobile. We have 19 regional newspapers and 21 digital sites.

Iconic Digital Titles

Iconic Print Titles

Letterkenny Live

This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.