The Latest Breaking News from GDP

THE UK has plunged further towards financial crisis after it was revealed the economy contracted for the second month in a row in April.

The Office for National Statistics said gross domestic product fell by 0.3% in April, following a fall of 0.1% in March.

"Let me be clear – we’re expecting the economy to be pretty much stagnant. It won’t take much to tip us into a recession, and even if we don’t, it will feel like one for too many people."

GDP falls faster than experts had forecast as government cuts back on Covid spending and manufacturers are hit by higher prices

FTSE 100 index closes more than 100 points down as GDP falls amid inflation and soaring energy costs

Pound hits one-month low after UK GDP falls 0.3% in April and European stock markets drop to three-month lows

Mr. Chidambaram had said that the "goal of a $5 trillion GDP appears to be a case of 'shifting goalposts'"

A closer look at recent data on GDP shows that the numbers are flawed and recovery is incomplete

5.2 per cent GDP shortfall ‘mostly’ down to Britain’s exit from EU, according to top think tank

Pares 2022-23 growth to 7.8%, expects inflation to average 6.9%

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that…