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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 · Feb 17, 2025

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 · Feb 17, 2025

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 · Feb 17, 2025

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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 · Feb 17, 2025

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 · Feb 16, 2025

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 · Feb 15, 2025

Fact check: Ukraine aid, immigration figures and growth projections

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

Evening Standard · Feb 14, 2025

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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.

Fact check: The UK avoided recession in the last two quarters of 2024

Incorrect growth figures, and an incorrect claim that the UK is in a recession, were shared in an online post.

Evening Standard · Feb 14, 2025

In the struggle to get Britain working, the long shadow of austerity could be part of the problem

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…

The Conversation · Feb 14, 2025

Labour’s defence budget ‘won’t touch the sides’, Starmer is warned

Senior Whitehall source warns armed forces capabilities would need to be pulled back without additional defence spending

The Independent UK · Feb 14, 2025

The Guardian view on Britain’s broken economy: ‘That’s your bloody GDP, not ours’

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

The Guardian - UK · Feb 13, 2025

US Urges NATO Allies To Increase Defense Spending To 5%

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

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 · Feb 13, 2025

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Evening Standard · Feb 13, 2025

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) · Feb 13, 2025

'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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 13, 2025

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 · Feb 12, 2025

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 · Feb 12, 2025

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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