Menu
27/11/2012
UK Economy Enjoys 1% Boost
The UK economy has grown by 1%, official figures show.
Between July and September, the Office for National Statistics' showed the economic boost ending a nine-month recession.
This was attributed to a 0.6% rise in consumer spending. The services sector grew by 1.3%.
Year-on year the economy contracted by 0.1%.
Growth in industrial production fell to 0.9% from 1.1%.
Analysts have warned the boost may be short lived.
"If anything, the details in the new data further highlight the temporary nature of the upturn," Chris Williamson at research group Markit, told the BBC.
David Owen at investment banking group Jefferies commented to the website: "People are generally expecting GDP to have slowed sharply into the fourth quarter on the published figure, or indeed to have actually contracted slightly compared to the third quarter."
(GK)
Between July and September, the Office for National Statistics' showed the economic boost ending a nine-month recession.
This was attributed to a 0.6% rise in consumer spending. The services sector grew by 1.3%.
Year-on year the economy contracted by 0.1%.
Growth in industrial production fell to 0.9% from 1.1%.
Analysts have warned the boost may be short lived.
"If anything, the details in the new data further highlight the temporary nature of the upturn," Chris Williamson at research group Markit, told the BBC.
David Owen at investment banking group Jefferies commented to the website: "People are generally expecting GDP to have slowed sharply into the fourth quarter on the published figure, or indeed to have actually contracted slightly compared to the third quarter."
(GK)
Related UK National News Stories
Click here for the latest headlines.
27 January 2015
ONS Figures Show Economy Growth
New figures from the Office for National Statistics (ONS) have revealed that the UK economy grew by 2.6% in 2014, the largest growth in seven years. Despite the overall growth the ONS figures also show that growth slowed slightly in the final quarter of the year, with the last three months of 2014 closing on 0.5% growth, compared to 0.
ONS Figures Show Economy Growth
New figures from the Office for National Statistics (ONS) have revealed that the UK economy grew by 2.6% in 2014, the largest growth in seven years. Despite the overall growth the ONS figures also show that growth slowed slightly in the final quarter of the year, with the last three months of 2014 closing on 0.5% growth, compared to 0.
28 January 2014
ONS Figures Show Growth In UK Economy
New figures from the Office for National Statistics (ONS) have shown that the UK economy grew by 1.9% in 2013, despite gross domestic product falling by 0.1%, finishing the final quarter at 0.7%. Chancellor George Osborne has said that the numbers are a boost to economic security and further evidence that the governments economic plan is working.
ONS Figures Show Growth In UK Economy
New figures from the Office for National Statistics (ONS) have shown that the UK economy grew by 1.9% in 2013, despite gross domestic product falling by 0.1%, finishing the final quarter at 0.7%. Chancellor George Osborne has said that the numbers are a boost to economic security and further evidence that the governments economic plan is working.
03 February 2014
One In Three Women Diagnosed With Breast Cancer Are Over 70
One in three women diagnosed with breast cancer in England each year are aged 70 or over. This age group also accounts for more than half of all breast cancer deaths annually, latest figures show. This age group also accounts for more than half of all breast cancer deaths annually, latest figures show.
One In Three Women Diagnosed With Breast Cancer Are Over 70
One in three women diagnosed with breast cancer in England each year are aged 70 or over. This age group also accounts for more than half of all breast cancer deaths annually, latest figures show. This age group also accounts for more than half of all breast cancer deaths annually, latest figures show.
24 April 2008
Report Shows Government Is Failing Pensioners In Fuel Poverty
The Government is failing pensioners and poor families in fuel poverty, according to a coalition of Age Concern, Child Poverty Action Group, and National Energy Action.
Report Shows Government Is Failing Pensioners In Fuel Poverty
The Government is failing pensioners and poor families in fuel poverty, according to a coalition of Age Concern, Child Poverty Action Group, and National Energy Action.
22 January 2014
ONS Figures Show Further Fall In UK Unemployment
New figures from the Office for National Statistics have shown that the UK's unemployment rate has fallen to 2.32 million, a decrease of 167,000 in the three months to November. The unemployment rate currently stands at 7.1%. The number of people claiming Jobseeker's Allowance also dropped to 1.
ONS Figures Show Further Fall In UK Unemployment
New figures from the Office for National Statistics have shown that the UK's unemployment rate has fallen to 2.32 million, a decrease of 167,000 in the three months to November. The unemployment rate currently stands at 7.1%. The number of people claiming Jobseeker's Allowance also dropped to 1.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
