Gdp

The services sector was the driving force behind UK GDP growth

UK economy grew by 0.3% but concern that underlying growth weak

The ONS confirmed that the UK economy grew by 0.3 per cent in the first quarter of 2013 helped by the services sector but economists are concerned that the recovery is eak.

The Bank of England issued its latest quarterly inflation report today

Bank of England lowers inflation and raises growth forecast

The Governor of the Bank of England, Sir Mervyn KLing presented his final quarterly inflation report today and was able to present lower inflation and higher GDP forecasts.

Sir Mervyn King presents his final quarterly inflation report today

Governor King to present final quarterly inflation report

The Governor of the Bank of England, Sir Mervyn King is to present his final quarterly inflation report and is expected to keep 2013 GDP growth estimates close to 1.0 per cent.

The CBI says the UK economy is returning to growth

CBI says the UK economy is returning to growth

The CBI says that the UK economy is emerging into growth as it predicts the economy will grow by 1.0 per cent in 2013 and by 2.0 per cent in 2014.

Industrial output grew by 0.7% in March

Industrial output rise suggests momentum for UK economic growth

There was a better than expected rise in industrial output adding to the recent good economic news and providing hope that the economy can build on the 0.3 per cent rise in GDP in Q1.

Revised figures show the UK is likely to have avoided a double-dip recession

ONS figures show construction sector saved UK from double-dip

Revised figures on the economy from the Office for National Statistics shows that the UK technically avoided a double-dip recession in the six months between October 2011 and March 2012.

NIESR suggests the GDP graph may be moving in a different direction

NIESR predicts UK GDP growth accelerating in April

Hopes that the UK economy can consolidate the growth of 0.3 per cent seen in the first quarter have gained credence through NIESR's latest estimate that suggests the UK economy grew by 0.8% in the three months to the end of April.

The UK services sector is powering the economic recovery

Service sector boost points to sustained growth of UK economy

Activity in the vital services sector increased, according to the latest Markit PMI survey for April giving the clearest indication yet that the economy is improving.

Osborne wants the FPC to focus on short-term growth

Osborne tells Bank of England not to hamper growth

The Chancellor, George Osborne has told the Bank of England's Financial Policy Committee to focus on short-term growth over financial stability to help the economy.

Manufacturing activity stabilised in April, says Markit

Has the manufacturing sector turned the tide?

Activity in the manufacturing sector stabilised in April raising hopes that the sector could help the economy grow further in the second quarter of 2013.

The UK has avoided a triple-dip recession

UK economy escapes recession to return to growth in 2013

The UK economy has grown by 0.3 per cent in the first quarter of 2013, according to the Office for National Statistics and averted falling into a triple-dip recession.

Has the UK entered a triple-dip?

UK GDP: Has the UK entered a triple-dip recession?

The first estimate of GDP for the first quarter of 2013 is published today which will give a better indication of whether the UK is in a triple-dip recession.

Fitch has cut the UK AAA rating

Fitch questions if UK economy can return to sustainable growth

Fitch is the second of the three main credit rating agencies to cut the UK's AAA credit rating after Moody's leaving just Standard & Poor's keeping the UK at the top tier.

George Osborne faces a week of worry

Osborne faces double blow of missing debt target and triple-dip

The Chancellor, George Osborne is facing a potential double whammy of bad news this week as 1st quarter GDP figures could show the UK entering a triple-dip recession and public sector data is published.

The construction sector could pull economic data down

Construction sector acts as drag on UK economy

The UK construction sector did not grow as much as expected in February in recovering lost ground from previous months and is likely to act as a drag on 1st quarter GDP figures.

NIESR says the UK will avoid a triple-dip

NIESR says UK will dodge triple dip and record 1st QTR growth

The National Institute of Economic and Social Research says that the UK economy has grown by 0.1 per cent in the three months to the end of March and will avoid a triple-dip

Industrial output grew by 1% in February

Industrial output up raising hopes UK will avoid recession

There were mixed signals for the UK economy today as the trade deficit widened but industrial output grew in February.

The OECD says the UK will avoid a triple-dip recession

OECD: UK economy is already growing and will avoid triple-dip

The Organisation for Economic Co-operation and Development predicts the UK economy will grow in the first quarter and avoid a triple-dip recession.

The ONS confirmed the UK economy shrank by 0.3% in Q4 of 2012

UK triple-dip likely as current account deficit widens

Official figures confirmed that the UK economy shrank by 0.3 per cent in the final quarter of 2012, meaning that a triple-dip recession is still a possibility.

Fitch is likely to strip the UK of its AAA rating in April

Fitch expected to downgrade UK AAA rating in April

Credit ratings agency Fitch has put the UK's AAA rating on negative watch after the OBR cut growth forecasts and said it will take longer for the UK to cut government borrowing.

What will the Chancellor announce in the budget?

Budget 2013: Workers to benefit from £10,000 personal allowance

George Osborne presents his budget on Wednesday March 20th under pressure to deliver measures to promote growth but still cut the deficit. What will the Chancellor say?

The OBR has revised down GDP forecasts for 2013

OBR cuts 2013 UK growth forecast by half to just 0.6%

The Office for Budget Responsibility has cut the UK growth forecast from 1.2 per cent to 0.6 per cent as the Chancellor admits it will take two years longer than planned.

Budget 2013 live: All the key points at a glance

Budget 2013 Live: Key points at a glance

The budget as it happens. Follow all the major announcements in the Chancellor's budget as George Osborne presents his fourth budget since the coalition came to power.

Industrial output fell by 1.5% in January

UK heading for triple dip recession as industrial output falls

UK industrial output fell by 1.2 per cent catching analysts by surprise and putting more pressure on sterling as the UK heads for a triple-dip recession.

The BCC urges Osborne to deliver on his promises in the forthcoming budget

BCC cuts UK growth forecast and calls for radical budget

The British Chamber of Commerce says the UK economy will only grow by 0.6 per cent this year and calls for the Chancellor George Osborne to deliver a radical budget.

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