GDP

UK consumer confidence rises in June

GfK’s long-running Consumer Confidence Index increased by six points to -30 in June. The measure for the general economic situation…

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UK GDP slumps over 20% in April as full impact of Covid-19 is felt

GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from…

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UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic

The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with…

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UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…

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UK economy not expected to recover until 2023, study suggests

The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a…

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Government extends lockdown for ‘at least’ three more weeks

The government has announced an extension to the coronavirus lockdown for “at least” a further three weeks. The decision was…

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Covid-19 could cause UK economy to shrink by 35%, says OBR

The UK’s economy could shrink by as much as 35% in the second quarter of 2020 due to the Covid-19…

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UK GDP expected to contract by 15% in Q2 2020

The UK economy is about to enter the deepest recession since the financial crisis, including the steepest quarter-on-quarter decline in…

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Preventing inevitable recession from becoming depression

The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…

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Covid-19 brings UK economy to temporary standstill, says KPMG

The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…

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