BCC’s UK Monthly Economic Review for August 2014

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  economy grew by 0.8% in Q2 2014, driven by a strengthening services sector
  • UK GDP back at pre-crisis level and UK set to be the fastest-growing G7 economy in 2014
  • Weak pay growth and poor public finances remain risks to the UK’s economic outlook.

The next BCC UK Monthly Economic Review will be published on Wednesday 3 September.

Click here to download the report.

Written on 4th August 2014Lillie Geistdorfer. Published in BCC, Economy, News