The Latest Breaking News from GDP

UK is only G7 country with smaller economy than before Covid-19

ONS says GDP grew by 0.2% in three months to June, suggesting Britain is not in recession

The Guardian - UK · Sep 30, 2022

An independent Wales' fiscal deficit lower than previous estimates says new report

The report has been hailed a "game changer" by Plaid leader Adam Price

Birmingham Post · Sep 30, 2022

New report proves Wales can afford independence says Plaid Cymru

Plaid Cymru commissioned an Irish economist to look into the finances of an independent Wales

Wales Online · Sep 30, 2022

Kwarteng’s tax-slashing bonanza will add less than 0.1% to GDP, study warns

‘Growth plan’ which has triggered market mayhem dismissed as ‘all pain, little gain’

The Independent UK · Sep 28, 2022

China's 'Rapid' Debt Buildup May Portend A Looming Financial Crisis: New York Fed

China’s recent debt buildup following the Covid-19 pandemic has researchers from the Federal Reserve Bank of New York wondering if the country can avoid a financial crisis in the years to come.

Benzinga · Sep 28, 2022

Spending cuts made necessary by mini-Budget ‘could spell end of NHS’, top economist warns

Sir Charlie Bean, a former deputy governor of the Bank of England, said deep cuts would be needed to bring spending into line with GDP

Evening Standard · Sep 28, 2022

Nature is not an impediment to UK economic growth: it’s vital to it

Our economic system depends on the natural world. Growth that results in the destruction of nature will, in the end, cease, says environmentalist Tony Juniper

The Guardian - UK · Sep 28, 2022

Peter Dutton says the Coalition achieved 'record' defence spending after it fell to the lowest level since 1938 under the previous Labor government. Is that correct?

Opposition Leader Peter Dutton says the Coalition achieved "a record" defence spending while under the previous Labor government it fell to its lowest level since 1938. RMIT ABC Fact Check investigates.

ABC News · Sep 27, 2022

Is the UK in a recession? How central banks decide and why it's so hard to call it

Last week, UK chancellor Kwasi Kwarteng launched a bid to boost economic growth with the largest tax cutting exercise for half a century. What this so-called mini-budget has since overshadowed, however, was an admission by the Bank of England the previous day that the UK may already be in a…

The Conversation · Sep 27, 2022

China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook

East Asia and Pacific annual growth forecasts downgraded from 5% to 3.2% as China’s economy cools, largely due to zero-Covid policy

The Guardian - AU · Sep 27, 2022