ONS
Another day, another downgrade
UK fourth quarter GDP last year was downgraded this morning to a 0.3% shrinkage from 0.2%, with growth for the whole year revised down from 0.8% to 0.7%.
Food and fuel prices will be key to inflation in the year ahead
Today’s inflation statistics presage what will be one of the few positive economic stories this year, writes the Resolution Foundation’s James Plunkett.
We’ve got the wrong sort of growth – a fall in real GDP now looks more likely
The outlook for the final quarter of the year is gloomy; a fall in real GDP now looks the most likely outcome, writes IPPR chief economist Tony Dolphin.
Fast spending cuts push economy from fastest quarterly growth for a decade towards zero
Today’s growth figures are the latest evidence the coalition’s rapid spending cuts have pushed the UK economy from the fastest growth for a decade towards zero.
TaxPayers’ Alliance make a mockery of themselves by denying wellbeing evidence
The TaxPayers’ Alliance merely makes a mockery of citizens as well as themselves by denying the evidence on wellbeing, writes Jules Peck.
The squeeze intensifies
Tony Dolphin analyses today's Office for National Statistics Quarterly National Accounts bulletin.