Tagged: gdp

KPMG UK Comments on FCA’s Final Rules for Targeted Support

KPMG UK has commented on the Financial Conduct Authority’s (FCA) final rules on targeted support. Sharing insights and perspective on the publication of the FCA’s final rules on targeted support, Jane Wilson, Targeted Support Lead, KPMG UK, says that this is considered to be “a… Read More

KPMG UK Weighs in on GDP Data and ECB Rate Decision: Economic Challenges Ahead

The latest economic insights from KPMG UK highlight growing concerns about the UK and Eurozone economies, as voiced by Yael Selfin, Chief Economist at KPMG UK. In two recent statements, Selfin commented on the UK’s GDP figures and the European Central Bank’s (ECB) latest interest… Read More

UK Economy Sinks Again. Pressures Increases on Labour Government

UK GDP has dropped once again, defying expectations of a slight increase in the month of May. ONS reports that the monthly real gross domestic product (GDP) fell by 0.1% in May. This follows a decline in April of 0.3%. While monthly services output grew… Read More

UK GDP Growth Could Reportedly Reach 1.2% in 2025 as Trade Agreements Lower Uncertainty

The UK economic outlook could brighten over the next two years as the economy stands to benefit from easing trade tensions and lower uncertainty arising from potential trade agreements with some of its key trading partners according to KPMG’s European Economic Outlook. A temporary pick… Read More

UK Economy Reports Some Growth, GDP 0.1% for Q4 2024

Today, the UK Office for National Statistics reported GDP for Q4 2024 at 0.1%. Although rather tepid, it topped the expectations of no growth or an economic contraction. In Q3 2024, GDP delivered no growth in the UK. The data indicated that the services sector… Read More

UK Industry Professional Shares Insights on Disappointing GDP Growth, Slow Economic Activity

KPMG UK has commented on the recently released UK GDP data. Yael Selfin, Chief Economist at KPMG UK, noted: “GDP growth stalls amid growing uncertainty. GDP growth remained disappointing, showing no progress for five consecutive months, due to weaker activity across a broad swathe of the… Read More

UK GDP Ekes Out Positive Number for February

The UK economy barely posted a positive figure in February, according to the Office for National Statistics.  Monthly GDP is said to have grown by 0.1% in February 2024, following growth of 0.3% in January 2024. The consecutive growth indicates that the UK has exited… Read More

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