Developments in the UK Economy
This week has been a busy time for the UK economy. GDP growth data shows the UK is expanding but the level of output remains well below the peak achieved before the recession started in 2008.
The ONS has estimated that there was a 7.2% decline in real GDP during the downturn, around half of this has been recovered thus far. And due to population growth over the past five years, GDP per capita remains around 7 per cent below its peak in 2007
Our streamed presentation below tracks a dozen key charts and we have linked to some news reports on the UK for those wanting to keep up to speed with developments.
Recommended Reading
UK economy - half speed ahead (Stephanie Flanders)
David Blanchflower - 0.6% growth does not make a recovery (The Independent)
Chart Room Presentation
Developments in the UK Economy from myonlinecolleges
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