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).
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).
The most remarkable thing about this morning’s coverage of the quarterely GDP figures is how lightly George Osborne is getting off.
UK GDP grew by 0.8 per cent in the third quarter of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
George Osborne has dodged a second bullet in a week. After learning that borrowing had fallen by a modest £300 million on Tuesday compared to last year, today we found out that a triple dip has been averted with meagre growth of 0.3 per cent in the first quarter of the year.
UK GDP grew by 0.3 per cent in the first three months of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
In the aftermath of such a deep fall in output the implications of today’s growth figures for real trends in living standards are particularly bleak.