Menu
30/09/2014
UK Economy Grows By 0.9% – ONS
The UK's economy grew by 0.9% in the second quarter of 2014, newly-released figures have revealed.
According to the Office for National Statistics (ONS), UK GDP was also 3.2% higher in the second quarter, compared to a year earlier.
In addition, revised figures from the ONS reveal the UK economy has now surpassed its pre-recession peak in the third quarter of 2013. It was previously thought this had been reached in the second quarter of this year.
Gross domestic product (GDP) was also estimated to be 2.7% higher than its pre-recession peak by the end of the second quarter in 2014.
(JP/CD)
According to the Office for National Statistics (ONS), UK GDP was also 3.2% higher in the second quarter, compared to a year earlier.
In addition, revised figures from the ONS reveal the UK economy has now surpassed its pre-recession peak in the third quarter of 2013. It was previously thought this had been reached in the second quarter of this year.
Gross domestic product (GDP) was also estimated to be 2.7% higher than its pre-recession peak by the end of the second quarter in 2014.
(JP/CD)
Related UK National News Stories
Click here for the latest headlines.
26 April 2005
BP reports profit increase
BP profits have announced a rise in profit in their first quarter report for the company's new trading year. The oil company confirmed that its first quarter replacement cost profit was £5,491 million, an increase of 29% from the same period in 2004.
BP reports profit increase
BP profits have announced a rise in profit in their first quarter report for the company's new trading year. The oil company confirmed that its first quarter replacement cost profit was £5,491 million, an increase of 29% from the same period in 2004.
05 June 2006
UK manufacturing hits ten-year high
British manufacturing is continuing to improve in 2006, with more companies increasing output in the second quarter than at any time in the last ten years, according to a report.
UK manufacturing hits ten-year high
British manufacturing is continuing to improve in 2006, with more companies increasing output in the second quarter than at any time in the last ten years, according to a report.
03 May 2012
UK Economy Will Pick Up In 2012, Says CBI
The UK economy will see growth resume in the second half of 2012, with faster GDP growth during 2013, according to the latest quarterly CBI economic forecast. The CBI expects GDP growth in 2012 will be 0.6%, slightly down from its forecast in February of 0.9%. This is a direct consequence of the preliminary ONS figure for quarter one.
UK Economy Will Pick Up In 2012, Says CBI
The UK economy will see growth resume in the second half of 2012, with faster GDP growth during 2013, according to the latest quarterly CBI economic forecast. The CBI expects GDP growth in 2012 will be 0.6%, slightly down from its forecast in February of 0.9%. This is a direct consequence of the preliminary ONS figure for quarter one.
26 January 2010
UK Emerges From Recession
The British economy has officially moved out of recession. Growth during the last three months of 2009 was recorded at 0.1%, a much smaller than predicted trajectory. The economy had shrunk for six continuous quarters, the deepest dip in over 50 years.
UK Emerges From Recession
The British economy has officially moved out of recession. Growth during the last three months of 2009 was recorded at 0.1%, a much smaller than predicted trajectory. The economy had shrunk for six continuous quarters, the deepest dip in over 50 years.
07 July 2003
Fall in number of UK company profit warnings
Leading business analysts Ernst & Young have reported a halving of the profits warnings issued by UK companies in the second quarter of this year when compared with the first quarter.
Fall in number of UK company profit warnings
Leading business analysts Ernst & Young have reported a halving of the profits warnings issued by UK companies in the second quarter of this year when compared with the first quarter.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
