GDP

UK GDP slumped 19.1% in three months to May

GDP fell by 19.1% in the three months to May 2020, as government restrictions on movement dramatically reduced economic activity.…

Read More »

Revised ONS data reveals greater GDP drop in Q1 2020

The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards…

Read More »

UKH urges Government to confirm hospitality reopening date

UKHospitality has urged the Government to confirm a re-opening date for hospitality and tourism, to allow businesses to prepare for…

Read More »

Hospitality sector responsible for a quarter of GDP fall 

The hospitality sector was responsible for nearly a quarter of GDP losses reported across the UK in April, according to…

Read More »

UK GDP slumps over 20% in April as full impact of Covid-19 is felt

GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from…

Read More »

UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic

The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with…

Read More »

How can hospitality recover from the Covid crisis?

Covid-19 is a crisis unlike any other people have faced in living memory. Aside from the very real human cost,…

Read More »

UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…

Read More »

Almost half a million UK businesses at risk of insolvency due to pandemic

One in 10 British businesses say that there is a high risk they will enter insolvency as a result of…

Read More »

Government extends lockdown for ‘at least’ three more weeks

The government has announced an extension to the coronavirus lockdown for “at least” a further three weeks.   The decision…

Read More »