(ONS) UK unemployment rate during the October to December 2021 period was estimated at 4.1%, a decline of 0.2% from the previous quarter. Following the decline, unemployment is now only…
(ONS) UK gross domestic product improved by 7.5% in 2021, the strongest since 1941, making it the fastest-growing economy in the developed world in the year. The robust GDP happens…
(Halifax) UK house prices rose by a monthly 0.3% in January, the lowest increase since June 2021, pushing the average cost of ownership to a new record 276,759 pounds. The…
(BoE) The Bank of England has further accelerated its policy tightening by voting to increase the bank rate by 0.25 percentage points to a higher 0.5%. The central bank’s Monetary…
(Nationwide Building Society) UK house prices surged by an annual 11.2% in January, accelerating from a 10.4% gain in December. The gain is the strongest start to the year in…
(ONS) UK posted a public sector debt, excluding public sector banks, of 2,339.9 billion pounds in December 2021, equivalent of 96.0% of GDP and the highest ratio since March 1963. …
(ONS) The UK posted a 3.7% decline in retail sales volume in December 2021, with some retailers citing the impacts of the Omicron variant. The fall in retail sales in…
(ONS) Inflation in the United Kingdom rose 5.4% in the 12 months that ended December 2021, the highest on record since March 1992. At 5.4%, the annual inflation is higher…
(ONS) UK employment for the September to November quarter 2021 was 75.5%, up by 0.2 percentage points. The number of employees on payrolls in the last month of the year…
(ONS) The UK posted a trade deficit of 9.3 billion pounds in the quarter to November 2021, up by 2.8 billion pounds. The widening deficits in the three months reflected…
(IHS Markit) The UK recorded a manufacturing PMI of 57.9 in December, a slight decline from a three-month high of 58.1 in November. A slight easing in supply chain constraints…
(ONS) The United Kingdom posted a 1.1% expansion in the national output in the third quarter, slower than the 5.4% growth recorded in the previous quarter. The weaker growth in…