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23/07/2004
Value of UK economy rises by almost half-a-trillion pounds
The total value of the UK at the end of 2003 topped £5.3 trillion, an increase of £456 billion on the previous year, according to the latest estimates from an Office for National Statistics (ONS) report.
Capital stocks, capital consumption and non-financial balance sheets end-2003, showed that at the end of last year the total net worth of the UK including financial assets was £5,344 billion.
The ONS figures showed that the most valuable asset continued to be housing with a total value of £3,045 billion - up 11% on the previous year and 57% of total wealth. Of this £2,869 billion belongs to households and non-profit organisations.
(gmcg)
Capital stocks, capital consumption and non-financial balance sheets end-2003, showed that at the end of last year the total net worth of the UK including financial assets was £5,344 billion.
The ONS figures showed that the most valuable asset continued to be housing with a total value of £3,045 billion - up 11% on the previous year and 57% of total wealth. Of this £2,869 billion belongs to households and non-profit organisations.
(gmcg)
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11 March 2010
New Stores Help Boost Morrisons
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New Stores Help Boost Morrisons
Supermarket chain Morrisons has reported bumper sales, citing new store launches for its success. Like-for-like pre-tax profits for last year jumped to £858m, from £655m in 2008/09. Annual sales were up 6%, excluding fuel and VAT. Turnover also grew by 6% giving a total value of £15.4bn. Basic earnings per share was 22.
22 November 2004
Internet sales doubles in value to £39bn, says ONS
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Internet sales doubles in value to £39bn, says ONS
The value of businesses' Internet sales doubled to £39.5 billion last year, according to the Office for National Statistics (ONS).
09 October 2012
Value Of Exports Increase In August
The value of exports decreased in August 2012 compared with the previous month while the value of imports increased, according to the Office for National Statistics (ONS). Consequently the difference between non-EU imports and exports has increased. This increase in the trade gap is the largest monthly increase this year.
Value Of Exports Increase In August
The value of exports decreased in August 2012 compared with the previous month while the value of imports increased, according to the Office for National Statistics (ONS). Consequently the difference between non-EU imports and exports has increased. This increase in the trade gap is the largest monthly increase this year.
20 August 2004
Business and finance services hit economy milestone
Business and financial services accounted for over 30% of total UK economic output for the first time in 2002, according to a report out today from the Office for National Statistics (ONS). Total output of the whole economy, as measured using gross value added (GVA), was £926.3 billion in 2002.
Business and finance services hit economy milestone
Business and financial services accounted for over 30% of total UK economic output for the first time in 2002, according to a report out today from the Office for National Statistics (ONS). Total output of the whole economy, as measured using gross value added (GVA), was £926.3 billion in 2002.
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