Official figures published by the Office for National Statistics show that the UK economy grew at its slowest annual rate for almost seven years during October.
According to a study from the Office for National Statistics, total household financial debt rose by 11 per cent between April 2016 and March 2018 compared to the previous two years.
UK inflation increased at its slowest rate in almost three years in October after the energy regulator lowered price caps, according to the Office for National Statistics.
Official figures from the Office for National Statistics revealed that the UK has avoided a recession in 2019, but the door has opened for the economy to be a key battleground in December’s general election.
According to research conducted by the Resolution Foundation, public spending will increase to levels not seen since the 1970s regardless of who wins the upcoming election.
The new Withdrawal Agreement will see the UK GDP decrease by 3.5 per cent in a decade, according to a study compiled by the National Institute of Economic and Social Research into how Brexit will impact the economy.
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