Gdp

The UK's GDP grew 0.4% during May, leading experts to suggest the Bank of England may further delay a cut to the base rate.

UK economic growth in Q1 2024 was marginally stronger than initial estimates, revised upwards to 0.7% from 0.6%, according to the Office for National Statistics. National accounts for the first quarter showed the rise was fuelled by consumer spending and net trade, though slightly offset by weaker b

Scotland's economic growth came to a halt in April 2024, with onshore GDP remaining flat at 0%, according to the chief statistician.

The UK's GDP remained unchanged in April, but analysts believe the economy is still likely to grow at a decent pace in Q2.

Following growth of 0.1% in February, Scotland’s onshore GDP grew by 0.4% during March 2024, according to statistics announced by the Chief Statistician. In the first quarter of 2024 – the three months to March – GDP is estimated to have grown by 0.7% compared to the previous three

The UK economy has signalled a recovery after two years of stagnation as 0.6% growth was recorded for Q1. Growth in March surged by 0.4%, following a 0.2% rise in February, resulting in a quarterly growth of 0.6%. The expansion was predominantly driven by the services sector, with manufacturing also

Following 0.6% growth in January, Scotland's economy experienced a slight setback in February 2024, with onshore GDP contracting by 0.3%, according to statistics announced by the Chief Statistician. On a positive note, in the three months to February, GDP is estimated to have grown by 0.4%

The UK's gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

Following unrevised 0.4% growth in December 2023, Scotland's onshore GDP grew by 0.6% in January 2024, according to the Chief Statistician.

The UK economy has exhibited indications of a potential recovery, as January's GDP growth of 0.2% reversed most of the decline experienced in the latter part of 2023. The rise, driven by a rebound in retail sales and robust construction activity, aligns with market expectations and could signify the

Official figures have revealed that the UK has entered a technical recession at the close of 2023.

Scotland's onshore GDP faced a marginal contraction of 0.1% in November, a slight improvement from the revised figure of -0.6% in October 2023, according to the latest data announced by the chief statistician.

The UK economy demonstrated resilience in November, rebounding with a 0.3% month-on-month growth, countering the previous month's decline.

The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month. The decline was notably consistent with the sluggish trends indicated in recent business surveys. The EY ITEM Club's chief economic advisor, Martin Be

The UK's economy has displayed resilience in the Q3 of 2023, with the GDP managing to remain steady, thus averting the risk of a technical recession.