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The Latest Breaking News from GDP

UK should be cautious after change in US policy over Ukraine, think tank says

US Defence Secretary Pete Hegseth said European nations need to spend 5% of GDP on defence and would be responsible for peacekeeping in Ukraine.

Evening Standard

Meeting Ukraine peacekeeping pledge would require tax rises or spending cuts, Starmer warned

Managing the pressures of an ageing population on the NHS while ramping up defence expenditure would be an ‘epochal challenge’, top economist warns

The Independent UK

Value of London's housing stock approaches record £2 trillion

For the UK as as whole the total value now stands at £9.1 trillion , or 3.5 times the annual GDP of the UK

Evening Standard

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Japan 2024 Growth Slows Despite Stronger Fourth Quarter

Japan's economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.

International Business Times

Trump’s return means UK must swiftly find a way to increase defence spending

Under Biden, the move could wait until the UK worked out how to meet its 2.5% GDP commitment. Not now

The Guardian - UK

The US thinks Europe isn’t pulling its weight on Nato – but how much are countries really spending on defence?

With President Donald Trump entering office for the second time, Nato spending is once again under scrutiny as the United States warns European countries must dig deeper into their pockets.

The Independent UK

Fact check: Ukraine aid, immigration figures and growth projections

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

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Taiwan To Increase Defense Spending To Over 3% GDP

Taiwan plans to increase defense spending to over 3% of GDP to address US security concerns.

Top News

Does GDP growth mean ‘more money in your pocket’? Reeves plan explained

Chancellor says growth will drive up living standards – but some are less sure

The Independent UK

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Evening Standard

OPINION - Whisper it quietly, but there may be some green shoots for Britain's economy

The British economy growing at a rate of 0.1% a quarter would not normally be cause for unfurling the bunting at Number 11. After all GDP could hardly advance any less rapidly without grinding to a complete halt. But after the run of ghastly headlines Rachel Reeves has endured she…

The National (Scotland)

'Broken': UK living standards fall despite slight economic growth, data shows

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

International Business Times

In NATO, The Closer To Russia, The More Spent On Defence

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

Evening Standard

Drinkers give some cheer to Rachel Reeves as pubs and bars spending helps to deliver surprise GDP growth

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

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Evening Standard

Chancellor ‘still not satisfied’ despite surprise economic growth at end of 2024

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

The Independent UK

Reeves ‘still not satisfied’ despite surprise economic growth at end of 2024

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

Evening Standard

Sonic the Hedgehog boost for Reeves as UK economy unexpectedly returns to growth

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

Evening Standard

FTSE 100 Live 13 February: Unilever, Barclays and BAT shares slump after results, GDP shows surprise growth

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

The Guardian - UK

UK returns to growth but living standards fall; oil price weakens on Ukraine peace talk hopes – as it happened

Britain’s services and construction sectors grew in October-December, but production contracted again… and GDP per person shrank

The Conversation

Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows

Coal fired power stations produce 85% of South Africa’s electricity, making the country the biggest producer of harmful greenhouse-gas emissions in Africa. To move away from coal and meet its commitment to reaching net zero emissions by 2050, South Africa needs to dramatically increase production of renewable energy. New research…

Evening Standard

Britain stares at a second recession in little more than a year as growth stalls

Economic growth slowed down sharply in the second half of the year

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