GDP

Economists react to today's ONS estimate of UK GDP growth in the first three months of this year...

The UK economy grew by 0.5% in the first quarter of the year, down slightly on economists' forecasts, the Office for National Statistics (ONS) said in its first estimate today.

Darren Williams, senior European economist at AllianceBernstein, discusses the implications of this month's ECB rate rise.

The pound has risen against the euro after UK GDP growth was reported as -0.5% in Q4 2010, slightly ahead of previous estimates of -0.6%.

GDP figures for Q4 2010 have been revised up to 3.1% from the 2.8% forecast last month, helped by a rise in consumer spending and businesses restocking their inventories.

The Office for Budget Responsibility (OBR) said today the UK's economic recovery will lag previous recoveries in the 1980s and 1990s.

The contraction in the UK economy in the last quarter of 2010 was slightly worse than previously estimated, according to figures from the Office for National Statistics released today.

Julian Chillingworth, CIO of Rathbone Unit Trust Management, considers whether inflation is a real problem or just another talking point.

US GDP grew to an annualised rate of 3.2% in Q4 2010, driven by consumer spending.

Just 4% of the population has made firm plans to fund their future long-term care (LTC) needs while two thirds (63%) have not even considered the matter, according to ABI research.