The Latest Breaking News from GDP

UK defence budget 2023: How does spending compare with other countries?

The government will commit £11 billion to the defence budget over the next five years

Evening Standard · Mar 15, 2023

Budget 2023: Jeremy Hunt reveals £11bn for defence spending

Brings UK military spending to 2.25% of GDP by 2025, says chancellor

The Independent UK · Mar 15, 2023

Budget explainer: here are some ways to read between the lines on what's being reported

UK budget announcements inevitably lead to a deluge of reporting on how the chancellor’s latest plans for the economy will affect our wallets, pensions and investments, as well as the bottom lines of businesses, charities and entire industries.

The Conversation · Mar 14, 2023

Alan Kohler: Paying for AUKUS? Spending like Europe means taxing like Europe

Before the next election, Treasurer Jim Chalmers must find a way to credibly restore a balanced budget. This means new and higher taxes.

The New Daily · Mar 12, 2023

Britain’s older electorate can live with low GDP. It’s high inflation they abhor

Tories can take heart that the over 65s won’t punish poor GDP, research finds. Just don’t hit them in the pocket

The Guardian - UK · Mar 12, 2023

Bleak economic view for Asia

Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.

Bangkok Post · Mar 10, 2023

Dark clouds over construction sector despite GDP growth, as building work slips to 11-month low

The UK building sector had its worst month in almost a year, but there may be signs of greater resilience in the London housing market

Evening Standard · Mar 10, 2023

Saudi Economy Registers Highest Growth among G20 Countries

Saudi Arabia’s gross domestic product (GDP) grew by 8.7 percent in 2022, registering the highest growth rate among the G20 countries, despite the complex economic conditions and challenges facing the world. This rise has exceeded the expectations of international organizations, which have estimated the Saudi GDP to increase by 8.3…

Asharq Al-Awsat · Mar 10, 2023

Economic growth of sorts, but UK plc is going nowhere

GDP is likely to edge sideways in 2023 (if that) but the true impact of rising interest rates has yet to be felt

The Guardian - UK · Mar 10, 2023

UK’s economy returns to growth after rebound in entertainment and transport

The Office for National Statistics said the economy grew by 0.3% in January, following a sharp 0.5% decline in December.

The Independent UK · Mar 10, 2023