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25/07/2014
UK Economy Returns To Pre-Crisis Level
The UK economy has expanded by 0.8% in the second quarter of the year and returned to its pre-crisis peak.
Britain's economy is now bigger than it was before, according to the Office for National Statistics (ONS).
The figure today is only an estimate and subject to revision.
Annually, growth was 3% higher than was measured at the same time last year, and the total output was 0.2% higher than the first quarter of 2008.
Chancellor George Osborne tweeted: "We owe it to hardworking taxpayers not to repeat the mistakes of the past.
"Economy bigger than previous peak in 2008 but long way to go - the Great Recession was one of deepest of any major economy & cost UK 6 years."
(CD/JP)
Britain's economy is now bigger than it was before, according to the Office for National Statistics (ONS).
The figure today is only an estimate and subject to revision.
Annually, growth was 3% higher than was measured at the same time last year, and the total output was 0.2% higher than the first quarter of 2008.
Chancellor George Osborne tweeted: "We owe it to hardworking taxpayers not to repeat the mistakes of the past.
"Economy bigger than previous peak in 2008 but long way to go - the Great Recession was one of deepest of any major economy & cost UK 6 years."
(CD/JP)
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30 September 2014
UK Economy Grows By 0.9% – ONS
The UK's economy grew by 0.9% in the second quarter of 2014, newly-released figures have revealed. According to the Office for National Statistics (ONS), UK GDP was also 3.2% higher in the second quarter, compared to a year earlier.
UK Economy Grows By 0.9% – ONS
The UK's economy grew by 0.9% in the second quarter of 2014, newly-released figures have revealed. According to the Office for National Statistics (ONS), UK GDP was also 3.2% higher in the second quarter, compared to a year earlier.
04 December 2013
UK Economy Grew In Q3
The UK economy grew by 0.8% in the third quarter of 2013, according to the Office for National Statistics. GDP has now risen by 1.8% during the latest three quarters, indicating conditions similar to the expansion between Q3 2009 and Q2 2010 as the UK began to recover from the economic downturn.
UK Economy Grew In Q3
The UK economy grew by 0.8% in the third quarter of 2013, according to the Office for National Statistics. GDP has now risen by 1.8% during the latest three quarters, indicating conditions similar to the expansion between Q3 2009 and Q2 2010 as the UK began to recover from the economic downturn.
03 May 2012
UK Economy Will Pick Up In 2012, Says CBI
The UK economy will see growth resume in the second half of 2012, with faster GDP growth during 2013, according to the latest quarterly CBI economic forecast. The CBI expects GDP growth in 2012 will be 0.6%, slightly down from its forecast in February of 0.9%. This is a direct consequence of the preliminary ONS figure for quarter one.
UK Economy Will Pick Up In 2012, Says CBI
The UK economy will see growth resume in the second half of 2012, with faster GDP growth during 2013, according to the latest quarterly CBI economic forecast. The CBI expects GDP growth in 2012 will be 0.6%, slightly down from its forecast in February of 0.9%. This is a direct consequence of the preliminary ONS figure for quarter one.
05 June 2006
UK manufacturing hits ten-year high
British manufacturing is continuing to improve in 2006, with more companies increasing output in the second quarter than at any time in the last ten years, according to a report.
UK manufacturing hits ten-year high
British manufacturing is continuing to improve in 2006, with more companies increasing output in the second quarter than at any time in the last ten years, according to a report.
19 May 2003
BA in black after last year's £200m losses
Results posted today have revealed that British Airways has turned around its £200 million loss last year to show huge plus figures following a rationalisation programme. BA recorded a pre-tax profit of £135 million for the full year to March 31 2003, with operating profit topping £295 million – including an £84 million write down on Concorde.
BA in black after last year's £200m losses
Results posted today have revealed that British Airways has turned around its £200 million loss last year to show huge plus figures following a rationalisation programme. BA recorded a pre-tax profit of £135 million for the full year to March 31 2003, with operating profit topping £295 million – including an £84 million write down on Concorde.
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Northern Ireland WeatherToday:A dry day with long spells of sunshine for most, however eastern coasts will see rather more in the way of cloud at times, with just the risk of an odd light morning shower. Mainly light northerly winds. Maximum temperature 13 °C.Tonight:A fine end to the day with some evening sunshine. It remains dry overnight with a touch of frost possible in places, although cloud is expected to increase towards dawn. Minimum temperature 0 °C.
