The British Chambers of Commerce (BCC) has recently published their UK Monthly Economic Review for April. (Based on March 2015 data releases)
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 GDP revised up in Q4 reflecting stronger than expected growth in the services sector.
- BCC and OBR upgrade growth forecasts, aided by falling inflation and unemployment.
- UK economy remains imbalanced with current account deficit at record high.
To read the full report click here.