The UK's debt at the end of May 2020 was 100.9% of gross domestic product (GDP), the first time that debt as a percentage of GDP has exceeded 100% since the financial year ending March 1963, says t…
Read more … →Retail sales grew 12.0% month-on-month in May reports the ONS, a strong recovery on the previous month's slump of -18% and ahead of consensus estimates for a figure of 5.7% to be announced.
Read more … →The UK's rate of inflation has fallen to its lowest level since 2016 thanks largely to the global slump in oil prices, but a recovery in oil and an exit from lockdown should mean that the economy s…
Read more … →The UK added 6K jobs in the three months to April according to the ONS, which was a surprising result for a market that was anticipating a fall in employment to the tune of 83K.
Read more … →Prime Minister Boris Johnson has confirmed today that the UK's cut-off date for a Brexit deal is the end of July.
Read more … →The first official data showing the economic impact of the covid-19 lockdown crisis has been released, and the numbers are worse than economists had been expecting.
Read more … →The coronavirus cost mounted further in early June as the bill for supporting companies topped two percent of GDP and the 'lockdown' used to contain the pneumonia-inducing disease reduced household…
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