Last week, we compared the latest UK recession and recovery to historical recessions. This week, we’re comparing the UK recovery to that of the US, where despite first quarter growth problems, the recovery from the recession looks strong.
August 2015
The decline in growth in China is contributing to depressing the prices of commodities and the knock-on effect for Africa, Latin America and even Australia is depressing their economies. The economic pain in Latin America …
Chart of the Week: Week 30, 2015: UK Recessions and Recoveries
The preliminary GDP growth figures for the second quarter of the year, released yesterday, showed a recovery from the disappointing growth of the first quarter.
Chart of the Week: Week 28, 2015: UK Housing Affordability
In this year’s edition of our annual chart on housing affordability in the UK (you can see last year’s chart here), the average house price has continued to grow to more than five times earnings, while mortgage affordability has started to improve.
Chart of the Week: Week 25, 2015: UK Services Growth by Sector
A few weeks ago, we produced a chart which showed how the UK service sector is outperforming other sectors and dragging GDP growth up.
Chart of the Week: Week 23, 2015: UK House Prices
The Land Registry published their data on average house prices for April recently, and they showed that although the average price grew by just over 5% in nominal terms, this was the slowest annual growth rate since January 2014.