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We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
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By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.
UK economy stagnates in Q3, delivering fresh blow to government
Posted on December 24, 2024 |
Britain’s economy showed no growth in the first three months of Prime Minister Keir Starmer’s government, adding to concerns about a slowdown.
The Office for National Statistics (ONS) revised Q3 GDP growth to 0.0%, down from the previous estimate of 0.1%.
The ONS also cut Q2 growth to 0.4% from 0.5%, showing weaker-than-expected performance.
Analysts predict zero growth for the UK economy in the second half of the year, citing a cautious government outlook.
The Bank of England forecasts no growth in Q4, but keeps interest rates steady due to ongoing inflation risks.
Weaker export demand and flat services sector contributed to the GDP downgrade, while consumer spending and business investment held steady.