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The 2006 United Kingdom Budget, officially known as Budget 2006: A strong and strengthening economy: Investing in Britain's future was formally delivered by Chancellor of the Exchequer Gordon Brown in the House of Commons on 22 March 2006.
This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
Brown pointed to two main accomplishments: growth and employment. An OECD report [25] shows UK economic growth averaged 2.7% between 1997 and 2006, higher than the Eurozone's 2.1%, though lower than in any other English-speaking country. UK unemployment is 5.5%, [26] down from 7% in 1997 and lower than the Eurozone's average of 8.1%.
Gross domestic product (GDP) increased by 0.5% between April and June, revised down from an initial estimate of 0.6%. UK economic growth weaker than first thought over spring, figures show Skip to ...
Gross domestic product (GDP) in England 1270 to 2016 [1]. The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century.
A jump in government spending helped fuel the UK's economic growth in the second quarter, the country's Office for National Statistics said. Government spending grew 1% in the quarter, the fastest ...
13 October: European Home Retail plc and its subsidiary Farepak go into administration, leaving tens of thousands of people out of pocket for Christmas 2006. 26 October – The Duke of Edinburgh officially opens Arsenal's new stadium. [19] 30 October – The Stern Review on the Economics of Climate Change is published by the UK government.
The UK economy grew slightly in the three months to June 30, driven by strong rises in manufacturing and consumer and government spending. UK economy records surprise growth. It may not last