This, as the ONS points to, should be seen alongside the sharpest fall of 9.4% for the UK compared to those same economies in 2020. On the internationally comparable basis, the economy is still slightly smaller than it was at the end of December 2019, unlike the US, France and Canada. On the slightly more timely basis, using monthly data not available in other countries, the UK economy is larger than it was in February 2020.
While Rolls-Royce has lost billions and continues to burn through cash, investors will take some limited reassurance from this...
In August M&S announced it was set to cut 7,000 jobs over three months.
Stricter measures have been introduced in much of the UK with 40% of England’s population now under tier four...
However, the head of economics at the British Chambers of Commerce, Suren Thiru, said: “The significant slump in UK...
Mr Jassy, who took over as chief executive two years ago, has focused on trimming costs and improving efficiency,...
The Rail Delivery Group, which represents the train operating companies, reckons the dispute has cost the rail industry around...
“If everyone is having to pay, you’ll have far fewer people using it – so there will be less...
“Ofcom, which has a statutory duty to stop consumer abuses, could have done the same for these customers. Instead,...
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