Gross Domestic Product

10 Things You Need to Know Before You Estimate The UK Sex Industry's Contribution to Gross Domestic Product

Suzi Godson | Posted 08.03.2015 | UK Lifestyle
Suzi Godson

In 2012 the UK's Office for National Statistics (ONS) estimated that sex workers contributed £5.7 billion to the economy. This calculation was produced in response to an EU demand that 'prostitution and illegal drugs' should be counted as part of a country's gross domestic product...

Carney Doesn't Care If He Hurts Osborne's Election Chances

The Huffington Post UK | Asa Bennett | Posted 13.11.2014 | UK Politics

The governor of the Bank of England has rubbished suggestions that he is set to keep interest rates on hold until next autumn in order to help George ...

'Bigger Tax Increases Needed To Pay Down Deficit'

PA/Huffington Post UK | Posted 07.10.2014 | UK

Taxes should play a "significantly" larger role in paying down Britain's national deficit than envisaged by either Nick Clegg or the Conservative lead...

Is GDP Cheating West Africa?

Claudia Delpero | Posted 22.11.2014 | UK
Claudia Delpero

The spectacular GDP growth recorded by some West African countries in the past 5 years is all of a sudden undermined by the spread of the Ebola virus. The epidemic has put under the spotlight the poor conditions of health systems in the region, but also the fragility of economic models measured only by Gross Domestic Product.

This is More a Crisis of Love Than GDP Growth

Bettina Gronblom | Posted 12.01.2013 | UK Politics
Bettina Gronblom

We will never find true happiness through GDP growth alone. To love and be loved - is what ultimately sustains us; all spiritual traditions tell us so and humanists would agree.

Don't Get Excited; The Economy's Still Feeble, Economist Says

PA/Huffington Post UK | Posted 19.10.2012 | UK

Britain is facing a "feeble and fragile" recovery, experts warned on Friday, ahead of figures expected to confirm the economy has exited the longest d...

We're Still In A Double-Dip Recession, But It's Not As Bad As We Thought

PA | Posted 24.08.2012 | UK

Britain's double-dip recession is not as deep as previously feared after revised figures showed a smaller contraction in the second quarter of the yea...

Is The Bad Economy Really Making Us Unhappy?

Huffington Post UK | Peter Guest | Posted 03.01.2012 | UK

Throughout 2011, news media have charted the fractional rises in gross domestic product (GDP) growth with the fevered intensity of gamblers clutching ...