Economic Growth
OECD warns UK disposable incomes will fall for two more yearsThe Organisation for Economic Co-operation and Development (OECD) has warned that inflation will grow faster than incomes in the UK for two more years. |
Downbeat inflation and growth forecasts means more QE likelyThe Bank of England published its Quarterly Inflation Report on Wednesday and predicts inflation will stay above two per cent with growth down to 0.8 per cent this year. |
Row erupts as Hague tells businesses to work harderWilliam Hague is demanding that businesses work harder to boost the economy, but the British Chambers of Commerce said firms are 'straining every sinew' to deliver. |
West Midlands leading England’s private sector growthThe West Midlands is still England’s fastest growing region, even outstripping London, figures published today by Lloyds TSB reveal. |
UK economy set to remain flat for six months, warns NIESRThe UK economy grew fractionally over the past three months but remains weak, latest estimates from the National Institute for Social and Economic Research show. |
CBI: UK will climb out of recession in second half of 2012The CBI has revised its UK economic growth forecast fro 2012 down from 0.9 per cent to 0.6 per cent but says growth will accelerate to two per cent in 2013. |
UK construction sector grows but eurozone manufacturing implodesThe UK construction sector grew in April, according to the latest purchasing managers index but similar surveys across Europe for the manufacturing sector point to a slowdown. |
Sorrell says government "has no credible plan for growth"One of the UK's top businessmen, Sir Martin Sorrell, who has backed the government, says the Prime Minister needs to offer clearer policies and a credible plan for economic growth. |
GDP Preview: Will the economy enter a double-dip recession?The preliminary estimate of GDP for the first quarter is published by the Office for National Statistics tomorrow and it is possible that the UK could fall back into recession. |
Weak construction data could propel UK into double-dip recessionOfficial figures are published this week on how the UK economy has fared in the first quarter of 2012 and it is to close to call as to whether the UK has fallen back into recession or not. |
ITEM Club warns UK plc to spend hoarded cashA new report from Ernst & Young's ITEM Club warns that UK companies need to spend some of the cash they hold on investment to help the country avoid a double-dip recession. |
Buoyant services sector lifts recession threatThe latest purchasing managers index for the dominant services sector shows continued robust growth and complements the positive reports from both the manufacturing and construction sectors this week. |
Economy weak, but UK will avoid recession, says BCCThe UK looks set to avoid a double-dip recession as the economy picked up at the start of this year, according to the British Chambers of Commerce. |
OECD's prediction for UK recession contradicts UK analysts viewsA new report from the Organisation for Economic Co-operation and Development (OECD) says that the UK economy will shrink in the first three months of 2011 but UK economic data contradicts this view. |
Britain’s GDP for Q4 2011 revised down to -0.3%, says ONSUK economic growth in the fourth quarter of 2011 has been revised down to -0.3 per cent, according to official figures out today. |
OECD CLI's point to UK economic growth in 2012The Organisation for Economic Co-operation & Development (OECD) says its indicators suggest a global recovery is being driven by the United States and Japan. |
Growth in UK services reduces double-dip recession likelihoodThe UK's services sector saw continued growth in February, though at a lower pace than January. The results lessen the possibility that the UK will slip back into recession. |
No double-dip recession but UK growth will be weak, says BCCBritain’s economic growth will be weaker than previously predicted, but a double-dip recession will be avoided, the British Chamber of Commerce said today. |
Manufacturing sector continues to grow in FebruaryThe February purchasing managers index (PMI) from Markit/CIPS shows a lower level of growth as the index fell from an eight month high of 52.1 in January to 51.2 in February. |
UK service sector PMI growth eases double-dip recession fearsGrowth in both manufacturing and the vital services sector surprised economists and could help the UK avoid slipping back into recession in the first quarter of 2012. |
NIESR says UK government should boost economy in short termThe National Institute for Economic and Social Research (NIESR) says the UK will enter a m,ild recession in 2012 but that the re is room to boost the economy in the short term. |
GDP preview: UK economy expected to post zero growth in Q4The Office for National Statistics (ONS) publishes its first estimate of GDP in the final quarter of 2011 on Wednesday and it is expected to show that the UK economy was flat. |
Economic gap between UK cities widensA think-tank, The Centre for Cities, has issued its annual report which shows that the gap in economic well-being between cities in the UK is widening. |
NIESR says recession is over as UK economy grew by 0.1% in 4th qtrThe National Institute of Economic and Social Research (NIESR) says that the UK economy grew by 0.1 per cent in the 4th quarter of 2011 which means the recession is over. |
How will the UK economy perform in 2012?The difficulty in forecasting economic performance was illustrated when a semi-tame fox came top in predicting the performance of the UK stock market in 2011. |
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