Tag Result: economy
Skipton BS ups bad loan reserve by 98 per cent to prepare for more economic gloom
Skipton Building Society's 2020 profits took a hit as the lender upped the pot of money se...
UK suffers record economic slump
GDP shrank by 9.9 per cent last year amid Covid-19 lockdowns, marking the largest annual f...
UK economy to bounce back from Covid crisis in 2021, Bank of England predicts
The UK economy is set to bounce back this year as the Covid-19 vaccination programme takes...
Inflation picks up to 0.7 per cent
Higher clothes and food costs have contributed to a larger than expected increase in the r...
Taxpayers may lose £26bn on unpaid Bounce Back Loans
The government faces a potential loss of £15bn to £26bn through fraudulent firms applyin...
UK in recession after record 20 per cent slump
Lockdown caused the UK to plunge into the biggest recession since records began, according...
Economy grows by 1.8 per cent but quick recovery looks unlikely
Monthly gross domestic product (GDP) grew by 1.8 per cent in May 2020, according to figure...
UK economy suffers largest fall since 1979
UK gross domestic product (GDP) fell by 2.2 per cent in the first three months of 2020, as...
UK GDP fell by a fifth in April
UK Gross Domestic Product (GDP) fell 20.4 per cent in April – the largest drop in a sing...
UK economy narrowly avoids recession
Growth in the UK economy has slowed to its lowest rate in almost a decade, according to th...
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