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UK Employment Falls Slightly In October

UK Employment Falls Slightly In October

🕔December 14, 2016

The jobs market stagnated in the three months to October, according to the latest jobs report from the Office for National Statistics, suggesting employers are finally slowing their hiring in the wake of June’s Brexit vote.

The number of people in work fell by 6,000 in October to 31.76 million people, the Office for National Statistics said on Wednesday.…

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UK Industrial Production Falls In October

UK Industrial Production Falls In October

🕔December 7, 2016

A surprise 1.3% drop in production over the month followed a 0.4% decrease in September, according to the Office for National Statistics, and was the biggest monthly fall in four years and is far worse than the 0.2% rise forecast by economists.…

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ONS Reveals Drop in Government Borrowing

ONS Reveals Drop in Government Borrowing

🕔September 21, 2016

The Office for National Statistics (ONS) today revealed that the UK Public sector net borrowing requirement for the month of which does not include public sector banks dropped to £10.5 billion from £11.4 billion recorded in August 2015, it was also slightly more than the forecasted deficit for the month.…

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UK GDP Comes in Weaker

UK GDP Comes in Weaker

🕔August 9, 2016

  • Recession inevitable for the British economy
  • NIESR estimations remain in the red

The UK’s economic growth came in 50% lesser for the last three months when compared to the preceding 3 months, according to an analysis conducted by one of the UK’s most respectable think tank; the National Institute of Economic and Social Research (NIESR).

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