Official data released on Thursday indicated that Britain’s economy rebounded somewhat less than expected last year, pointing to a considerably tougher 2022 due to the consequences of the Ukraine crisis and increasing prices. The Office for National Statistics announced in a statement that GDP increased 7.4% in 2021, down from an early estimate of 7.5 … Read more
LONDON: Britain’s economy grew by a record 7.5 per cent last year on easing Covid curbs after a pandemic-driven collapse, official data showed, but analysts warned that sky-high inflation clouds the 2022 outlook. The expansion, which was the fastest since records began in 1948, followed a record 9.4 per cent slump in 2020, the Office … Read more
LONDON: British retail sales slid in December, as consumers shunned the high street due to concerns over the Omicron coronavirus variant, official data showed on Friday. Total sales volumes dropped 3.7 per cent last month compared to November, the Office for National Statistics (ONS) said in a statement. Sales had risen by one per cent in … Read more
LONDON, Jan 5, 2022 (AFP) – More than one in 20 people in Britain had Covid-19 in the last week of 2021, the highest infection rate recorded during the pandemic, official data showed Wednesday. An estimated 3.7 million people in the UK had the virus, up from 2.3 million the previous week, as the Omicron variant … Read more
British annual inflation rocketed in November to its highest level for more than 10 years, official data showed Wednesday on the eve of a Bank of England interest rate decision. The annual rate surged to 5.1 percent last month after 4.2 percent in October, the Office for National Statistics said in a statement, adding this … Read more
