Topic: Uk Office Of National Statistics

Economy shrinks fastest since 1958

The recession-battered economy shrank at its fastest pace in more than 50 years in the first quarter of 2009 in the worst global slowdown in decades, revised official data showed on Tuesday.Gross domestic product (GDP) contracted 2.4 percent in the first three ...

Economy shrinks fastest in half a century

The recession-battered economy shrank at its fastest pace in more than 50 years during the first quarter of 2009 in the worst global slowdown in decades, revised official data showed on Tuesday.Gross domestic product (GDP) contracted 2.4 percent in the first three ...

British economy shrinks fastest since 1958

The recession-battered British economy shrank at its fastest pace in more than 50 years in the first quarter of 2009, revised official data showed on Tuesday, amid the worst global slowdown in decades.Gross domestic product (GDP) contracted 2.4 percent in the first ...

Recession darkens as public finances sink

The economy took a heavy blow from the recession on Thursday as official data showed the public finances posting a record deficit and retail sales sank in May.The news dampened hopes about the strength of any " green shoots" of potential economic ...

Economy at weakest for 30 years

The economy is contracting at its sharpest pace in almost three decades amid the worst global downturn since the 1930s, official data showed on Friday, but analysts said the worst is likely over.Gross domestic product (GDP) shrank 1.9 percent during the first ...

Retail sales rise in April

Retail sales increased 0.9 percent in April from March, topping forecasts, as shoppers kept the tills ringing despite a deep recession, official data showed Thursday.Retail sales rose 2.6 percent in April compared to the same month in 2008, the Office of National ...

Economy shrinks at fastest rate since 1979

The recession-battered economy shrank at its fastest pace in almost 30 years in the first quarter of 2009, official data showed Friday, heaping fresh doubt on government hopes of a fast recovery.Gross domestic product (GDP) contracted by 1.9 percent on a quarterly ...

Economy shrank 1.5% in fourth quarter

The economy shrank by 1.5 percent in the fourth quarter of 2008, confirming an initial estimate made last month that put the nation in recession, official data showed on Wednesday.The Office for National Statistics (ONS) said gross domestic product (GDP) had shrunk ...

UK economy shrank 1.5% in fourth quarter

The British economy shrank by 1.5 percent in the fourth quarter of 2008, confirming an initial estimate made last month that put Britain in recession, official data showed on Wednesday.The Office for National Statistics (ONS) said in a statement that gross domestic ...

Britain officially in recession

Britain is in recession for the first time since 1991 after its economy shrank during the final two quarters of last year as a global financial crisis raged, official data showed on Friday.The Office for National Statistics said that Gross Domestic Product ...