STATSSSS Flashcards
1
Q
Annual growth rate (2)
A
0.1%
Technically in recession in 2023
2
Q
Rising prices (3)
A
Gas
Fuel
Electricity
3
Q
What is gdp made up of (3)
A
79% services
14% manufacturing
Not very diverse
4
Q
Unemployment rate (2(
A
4.2%
Cyclical unemployment
5
Q
Economic inactivity rate
A
22.2%
6
Q
Employment rate
A
74.5%
7
Q
Inflation rate
A
3.2%
8
Q
Wage growth
A
5.6%
9
Q
BOE base rate
A
5.25%
10
Q
Gini coefficient
A
0.3
11
Q
Corp tax increase to what
A
25%
12
Q
Vat
A
20%
13
Q
What happened to tax bands (3)
A
Frozen till 2029
Fiscal drag
Earn more rev = 45bn a year more by 2028
14
Q
National insurance
A
12% to 10% to 8%
