The Latest Breaking News from GDP

Austerity is an unusual economic concept. While it is one of the economic terms that attracts the most interest from the public, it remains controversial in policy debates. Advocates argue that reducing government deficits through spending cuts and tax increases restores confidence and stabilises economies. Critics, however, warn that these…

Senior Whitehall source warns armed forces capabilities would need to be pulled back without additional defence spending

THE UK economy unexpectedly eked out growth in the final three months of last year – but a key measure showed living standards actually fell,…

While NATO countries living near the Russian border pay well over two percent of their GDP on defence, those further away pay less.

The economy was up 0.4%in December, beating City expectations

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a contraction

Release of blockbuster much as Mafusa: The Lion King, Sonic the Hedgehog 3, and A Complete Unknown help boost growth in December .

Surprise GDP growth was today offset by another setback for the status of London’s stock market.