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British economy grows to above pre-crisis level

Last Updated: Friday, July 25, 2014, 15:33

Britain is predicted by the IMF to be the fastest growing major world economy this year.

British annual inflation accelerates to 1.9%: Official data

Last Updated: Tuesday, July 15, 2014, 15:22

Britain`s 12-month inflation accelerated in June, driven by the rising cost of clothes, food, non-alcoholic drinks and air transport, official data showed on Tuesday.

British inflation slows again to 1.5%: Official data

Last Updated: Tuesday, June 17, 2014, 14:35

Britain`s 12-month inflation slowed to 1.5 percent in May, which was the lowest level for four and a half years, official data showed on Tuesday.

British economy officially grows 0.8% in first quarter

Last Updated: Tuesday, April 29, 2014, 15:54

Britain`s economy grew by 0.8 percent in the first quarter of 2014 compared with the final three months of last year, official data showed on Tuesday.

British annual growth downgraded to 1.7%

Last Updated: Friday, March 28, 2014, 17:26

Britain`s economy expanded by 1.7 percent last year, down slightly from a previous estimate, but was still the strongest growth since before the financial crisis, official data showed on Friday.

Britain's CBI ups 2014 GDP growth forecast to 2.4%

Last Updated: Sunday, November 03, 2013, 13:31

Britain's business association, the CBI, revised up its forecast for the country's economic growth next year to 2.4 percent on Sunday, predicting a rebound in business and housing investment.

Britain's economy picks up speed in second quarter

Last Updated: Thursday, July 25, 2013, 19:31

Britain's economy sped up between April and June on the back of stronger spending by consumers and businesses and giving a boost to the government less than two years before an election.

British GDP shrank in Q4 of 2012

Last Updated: Saturday, January 26, 2013, 09:52

The contraction exceeded analysts' expectations and contrasted with Britain's 0.9 percent GDP growth rate in the previous quarter, when the country emerged from recession.

British economy shrinks by 0.5% in second quarter

Last Updated: Friday, August 24, 2012, 16:43

Britain's economic output decreased by 0.5 percent in the April-June quarter this year, slightly less than previously thought.

British economy prospects grim, says think-tank

Last Updated: Saturday, August 04, 2012, 13:25

The prospects for the British economy over the next six months are grim, and have worsened quickly this year, according to a report by a London economic think-tank.

UK economy heads for recession, may draw more QE

Last Updated: Wednesday, January 25, 2012, 22:23

Britain's economy may have entered a mild recession in the last three months of 2011, hampering the government's core policy aim of spurring growth and raising the chances that the Bank of England will inject more cash soon.

Royal wedding hit British economy; GDP Q2 grows 0.2%

Last Updated: Tuesday, July 26, 2011, 21:21

The royal wedding of Prince William and Kate in April was supposed to have catalysed Britain's ailing economy, but official figures released Tuesday show that it was one of several events that affected GDP figures adversely.