GDP

Today’s news in brief-13/3/24

Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…

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Shoppers help boost UK economy in Jan

UK GDP increased by 0.2% in January, up from a decline of 0.1% in December, as an increase in spending…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…

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What are the effects of VAT taxes on the tourism industry?

The term “tourism tax” has recently been used to refer to taxes imposed on goods and services supplied to international…

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Today’s news in brief-15/2/24

The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…

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UK enters technical recession as GDP contracts 0.3% in Q4

The UK fell into a technical recession after gross domestic product (GDP) shrank by 0.3% in the final three months…

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Today’s news in brief-12/1/24

Authentic Brands Group has acquired Sperry, a renowned American heritage footwear brand known for its iconic boat shoes with a…

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UK economy rebounds in Nov

The UK economy rebounded in November as monthly GDP increased 0.3% off the back on a 0.3% fall in October,…

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Today’s news in brief-10/11/23

The Office for National Statistics (ONS) has reported that the UK GDP showed no growth in Q3 2023, in contrast…

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UK economy stagnates in Q3

UK GDP has shown no growth in July-September (Q3) compared with an increase of 0.2% in the previous quarter, according…

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