AO2 Flashcards
Annual growth rate
1.4% (lowest since 2008)
Real GDP per capita
£29,000
Total GDP and what is produced
£2 trillion 79% services 14% manufacturing 6% construction 1% agriculture
Unemployment rate
3.9%
Consumer confidence
Weakening since January due to Brexit uncertainty
Income tax
Up to £12,500: 0%
£12,500-£50,000: 20%
£50,000-£140,000: 40%
+£140,000: 45%
Core inflation
1.8%
Inflation expectation
2.7%
Wage growth
3.4%
Current account deficit
> £23 billion
Productivity
19% less than the average of all GS7 countries
Exchange rate
Euro: £1=€1.16
Dollar: £1=$1.30
Eurozone economy
1% growth
US economy
Full employment
3% growth
Budget deficit
> £1.8 trillion overall
£32.3 billion 2018 (decreasing)
Bond yields
1%
Corporation tax
19%
VAT
20%
Interest rate
0.75%
Business confidence
Low from Brexit vote
Housing market
Flat
Quantitive easing
£435 billion
Last injection: August 2016 of £60 billion
Willingness to lend
Very poor up to 2016, has increased since
