Tag Archives: GDP

George Osborne: making failure look like success

George Osborne nc1j

Celebrating today’s GDP figures as a victory for the chancellor would be a like praising the punctuality of the chauffeur who arrives at his destination three hours late.

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UK GDP up 0.8 per cent

UK GDP grew by 0.8 per cent in the second quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

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Sorry George, what recovery?

George Osborne nc1j

On hearing that Britain is ‘returning to growth’, many if not most people will probably ask ‘recovery? what recovery?’ writes James Bloodworth.

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UK GDP up 0.8 per cent

UK GDP grew by 0.8 per cent in the first quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

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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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