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

Editorial: Despite growth in 2024, living standards fell. Inequality, weak public investment and government cuts threaten prosperity. Labour must offer voters something different

US Defense Secretary Pete Hegseth urges NATO allies to increase defense spending to 5% GDP, aligning with Trump administration's stance.

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

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 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