The UK economy could see £24billion in gross domestic product (GDP) growth wiped out over the next two years thanks to ...

Real GDP per head - which adjusts for population changes - is estimated to have fallen by 0.1% in the last quarter of 2024, the ONS said. After the slight growth in Britain’s economy at the end ...

Nominal GDP is estimated to have increased by 1.1% in Quarter 4 2024, mainly driven by an increase in compensation of employees. Real GDP per head is estimated to have fallen ... (full story) ...

However, real GDP per head – a proxy for living standards – declined by 0.1pc in the final three months of last year, following a 0.3pc drop in the third quarter. It indicates that overall ...