This briefing provides an easy-to-use commentary on the key economic indicators for UK businesses. The report also provides a comparison between the economic data compiled by external organisations such as the Office for National Statistics (ONS) and the BCC’s own Quarterly Economic Survey and economic forecast.
This month’s headlines:
- UK GDP growth in Q4 confirmed at 0.7%, more growth likely in Q1
- BCC and OBR upgrade growth forecasts as the UK economic outlook improves further
- Weak public finances and rebalancing the economy remains significant challenges.