Rolling coverage of the latest economic and financial news, as Office for National Statistics releases newly updated GDP data
You get a better picture of a country’s living standards if you look at GDP per capita (the calculation that divides GDP by population).
And again, we can see that the picture was less grim than first thought in the first six months of the Labour government (and in the last quarter of the Conservatives, before last July’s election).
Continue reading…Rolling coverage of the latest economic and financial news, as Office for National Statistics releases newly updated GDP dataYou get a better picture of a country’s living standards if you look at GDP per capita (the calculation that divides GDP by population).And again, we can see that the picture was less grim than first thought in the first six months of the Labour government (and in the last quarter of the Conservatives, before last July’s election). Continue reading…