Strong growth for service sector boosts UK economy

Growth in the UK’s service sector hit an eight-month high in June, indicating that the UK economy is beginning to ‘pick up speed’. (more…)

View full article

Blog, Economy Blog
Posted on: 4th July 2018

Q1 economic growth revised upwards

In a surprise move, the UK’s economic growth has been revised upwards for the first quarter (Q1) of 2018. (more…)

View full article

Blog, Economy Blog
Posted on: 2nd July 2018

Card payments now ‘more popular’ than cash in UK, study suggests

The number of debit card payments made in the UK overtook the use of cash in 2017, a new report has revealed. (more…)

View full article

Blog, Economy Blog
Posted on: 18th June 2018

Inflation remains at one-year low

UK inflation remained at a one-year low of 2.4 per cent in May, despite many economists predicting a rise to 2.6 per cent following a surge in the cost of…

View full article

Blog, Economy Blog
Posted on: 14th June 2018

Strong growth for UK economy in final quarter of 2017

The UK economy grew much faster than expected in the final quarter (Q4) of 2017, new data has revealed. (more…)

View full article

Blog, Economy Blog
Posted on: 11th January 2018

Hammond urged to support manufacturing in Autumn Budget

The Confederation of British Industry (CBI) has called on the Chancellor, Philip Hammond, to address the UK’s “productivity problem” by using this week’s Autumn Budget announcements to extend greater support…

View full article

Blog, Economy Blog
Posted on: 20th November 2017

Chancellor’s spending and deficit ‘dilemma’

The Institute for Fiscal Studies (IFS) has voiced concerns that the Chancellor Philip Hammond may have to scrap his planned…

View full article

Blog, Economy Blog
Posted on: 30th October 2017

Economic growth exceeds expectations in third quarter

Official figures have revealed that UK economic growth exceeded expectations in the third quarter (Q3) of 2017. Data suggests that UK gross domestic product (GDP) grew by 0.4 per cent during the three months to…

View full article

Blog, Economy Blog
Posted on: 26th October 2017

With Artificial Intelligence, UK economy could see an extra £630 billion

New research suggests that the UK could benefit from £630 billion, if Artificial Intelligence (AI) is supported and backed by the Government. (more…)

View full article

Blog, Economy Blog
Posted on: 17th October 2017

SMEs set to boost the economy

A new study suggests contributions from Small and Medium-sized Enterprises (SMEs) in the UK’s top ten cities will grow by an average of 19 per cent. (more…)

View full article

Blog, Economy Blog
Posted on: 11th October 2017