Knoema.com - United Kingdom http://jp.knoema.com 2022-01-19T13:25:08Z /favicon.png Knoemaは、あなたのパーソナルナレッジハイウェイです U.K. Inflation Rose to a Ten-Year High in October 2021 //jp.knoema.com/awdinse/u-k-inflation-rose-to-a-ten-year-high-in-october-2021 2022-01-19T13:25:08Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
U.K. Inflation Rose to a Ten-Year High in October 2021

(19 November 2021) Consumer price inflation, a gauge of the cost of living, accelerated in the United Kingdom in October, largely driven by higher energy prices and mounting supply-chain disruptions, reaching the highest level since December 2011. The U.K. consumer price index rose 4.2% YoY in October following a 3.1% increase in September. The October rise was more than double the target of 2% set by Bank of England. Household energy costs were one of the biggest contributors to inflation; Ofgem, the British energy regulator, raised the price cap on domestic gas and electricity on October 1, 2021. Petrol prices also rose in October amid a surge in global energy prices. The Bank of England's Monetary Policy Committee expects inflation to rise further, to around 5% in the spring of 2022, before falling back towards the target rate as the impact of higher oil and gas prices fades and demand for goods moderates.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
505 Economics | Monthly GDP Estimates at Local Level //jp.knoema.com/xwoynp/505-economics-monthly-gdp-estimates-at-local-level 2021-08-11T17:40:36Z Nikolai Kuznetsov jp.knoema.com://jp.knoema.com/user/6481950
505 Economics | Monthly GDP Estimates at Local Level

(30 June 2021) According to 505 Economics, most sub-national regions of the United Kingdom — referred to as NUTS 2* regions — responded uniformly to the first lockdown in April 2020, with economies contracting by approximately 20%. A similar pattern could be seen at a more granular NUTS 3 level*. However, local economies (NUTS 3) do not appear to have returned to pre-COVID levels of economic growth. As opposed to Eurostat or national statistics offices who provide national GDP estimated on a quarterly basis and subnational — on an annual basis, 505 Economics provides monthly estimates of GDP at a local level for 26 European countries. They use high-resolution satellite imagery and transform luminosity data into GDP estimates using machine learning.      *NUTS or Nomenclature of Territorial Units for Statistics is the European Union's geocode standard for referencing the subdivisions of countries for statistical purposes.

Nikolai Kuznetsov jp.knoema.com://jp.knoema.com/user/6481950
United Kingdom: Recession Strikes as GDP Hits -20.4% in Q2 //jp.knoema.com/alctcze/united-kingdom-recession-strikes-as-gdp-hits-20-4-in-q2 2021-02-03T11:42:04Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
United Kingdom: Recession Strikes as GDP Hits -20.4% in Q2

(13 August 2020) COVID-19 induced lockdowns hammered economic activity in the United Kingdom during Q2, sending GDP growth to -20.4 percent. It is the largest slump of any major economy so far during the COVID period. The economy shrank 2.2 percent in Q1.While May and June showed promising growth in GDP of 2.4 and 8.7 percent, respectively, as the UK government eased the lockdown across the country, the growth was insufficient to compensate for heavy earlier monthly losses. In comparison (when the same measure of GDP growth is applied), the United States economy shrank by only 10% in the second quarter. Read more here.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
United Kingdom: Jobless Claims Soared to 2.1 Million in April //jp.knoema.com/qmyuwpc/united-kingdom-jobless-claims-soared-to-2-1-million-in-april 2020-05-21T03:26:45Z Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
United Kingdom: Jobless Claims Soared to 2.1 Million in April

(20 May 2020)  Jobless claims in the United Kingdom jumped 69.1% MoM in April to reach 2.1 million, according to the UK Office for National Statistics (ONS), making it the largest month-on-month increase since records began in 1970. The increase comes even as the government has implemented an emergency wage subsidy that pays 80% of workers’ wages up to sterling pound 2,500 per month.   The government also enhanced its Universal Credit social security payment to expand eligibility for unemployment benefit support. As a result, ONS cautioned that the claims figure may not be an accurate reflection of unemployment given the new measures to help those whose income is affected due to the coronavirus.

Nematullah Khan jp.knoema.com://jp.knoema.com/user/1975840
UK Crime Trends Not so Clear Cut //jp.knoema.com/jmnedjb/uk-crime-trends-not-so-clear-cut 2018-10-24T12:34:24Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
UK Crime Trends Not so Clear Cut

A recent tweet by US President Donald Trump referred to the contribution of terrorism to increasing crime in the UK as a red flag for the US, triggering an official response from the UK government and public scrutiny of the US president’s assertion. As always at Knoema, we turn to the data. The official report by the UK's Office for National Statistics (ONS) confirms that reported crime, including fraud, has increased by 13 percent since last year, yet this is neither the only or necessarily the best measure of crime given underreporting of crime to police. The Crime Survey for England and Wales (CSEW), conducted by Kantar Public on behalf of the ONS, is an alternate measure that the UK government uses to track crime. While ONS data from police reports and the CSEW survey provide a more comprehensive picture than any single source, ONS notes that official statistics cannot provide an estimate of all crime in any country and can only be used to uncover long-term and emerging trends in crime.The CSEW survey of approximately 35,000 households in England and Wales asks whether households have experienced victimization in the past year. The survey includes crimes not reported to the police and covers violence, robbery, theft, criminal damage offenses, and fraud and computer misuse, an experimental statistic introduced this year.According to the CSEW estimates, crime in the UK  has decreased constantly since 2012 to 5.8 million offenses in the year ending June 2017, which is a 9 percent decrease from the previous year. In contrast, police recorded crime data shows crime incidents on an upward trend since 2015 reaching 4.5 million cases in 2017, a 14 percent increase from 2016. These figures, however, do not include fraud offenses, an additional 653,000 cases.Neither the police reports or CSEW transparently reports "terrorism" to support President Trump's red flag about the role of terrorism in any increase in crime in the UK. The ONS also points out that a genuine increase in crime was not the only reason that police recorded crime began to increase. Improvements in crime recording and more victims reporting crime were also significant factors behind the increase. Public order offenses, violence without injury, and vehicle offenses contributed the largest share to the increase in police recorded crimes, making up nearly 44 percent of the change. Per CSEW, a single offense, ’other theft of personal property,’ accounted for 37 percent of the decrease in CSEW reported crimes.

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
UK & US: Best Cities and Jobs for Job Seekers //jp.knoema.com/ldhhhab/uk-us-best-cities-and-jobs-for-job-seekers 2017-06-06T06:11:15Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
UK & US: Best Cities and Jobs for Job Seekers

Employees choose employers, just as employers choose employees. And, companies like Glassdoor make it easier than ever for people to move beyond annual salary and statistics on the highest paying jobs—none of which they may even be qualified for—in their evaluation of potential employers. Through regular surveys of employees, Glassdoor develops city-based job satisfaction ratings that account for work-life balance, cost of living, and competition among employees or, in other words, hiring opportunities. Glassdoor then ranks the most desirable cities for employment based on its survey data in combination with traditional job statistics. Job applicants and city hoppers beware of mismatches between tempting high-paying jobs and job satisfaction and crime trends. The United Kingdom dominates the top 5 cities in the ranking based on job satisfaction, but for some job seekers might not have the same allure as the single US city in the top 5: San Francisco.According to Glassdoor’s 2017 ranking—covering the one-year period starting late January 2016—Data Scientist is now the best job in the US, though it is not the highest paid one. Those among the highest paid occupation—physicians—report one of the lowest levels of job satisfaction.Within the US, San Jose is ranked the best city for jobs, followed by San Francisco, Salt Lake City, and Boston, though each of these four cities has a highly competitive labor market and high cost of living.Detroit was ranked the 10th best city for jobs in the US, but it has the 15th highest crime level worldwide and is ranked 35th among rated cities for job satisfaction.

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
"Brexit": Explaining UK’s Vote on EU Membership //jp.knoema.com/ckxqhgd/brexit-explaining-uk-s-vote-on-eu-membership 2016-07-02T15:25:40Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
"Brexit": Explaining UK’s Vote on EU Membership

Overview   Turnout Matters   Key Factors: Age   Education   Migration and ethnicity  Unemployment   Income   GDP per capita   Political attitudes    Poll Tracker Sources: UK EU Membership Referendum, 2016 dataset ; UK Regional Dataset, 2015 ; Income of household by NUTS2 regions (data from Eurostat; UK Office for National Statistics; The Electoral Commission, UK; polling firms )

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK? //jp.knoema.com/mppjcgf/shifting-from-greek-to-uk-exit-what-does-eu-membership-mean-to-the-uk 2016-05-31T15:11:23Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK?

What has EU membership meant for the UK? Could the UK economy withstand a deterioration in its link to the European economy? Have existing EU policies that some argue disproportionately favor founding EU members - read France, Germany, and Italy - been more harmful than helpful to the UK economy? It's not only the citizens and government of the UK seeking answers to these questions and many more like them but trading partners, business competitors and investors, and others with economic, political, and even military objectives in operating in a world in which the UK's status is partly defined by its EU membership.The UK today represents 8 percent of total European goods exports and 17 percent of total services exports. Far from inconsequential. The UK also happens to be a large importer of goods from the EU. Underlying these statistics is a UK services economy burgeoning by comparison to any other:The UK services sector generates about 80 percent of GDP and 83 percent of total employment.Foreign trade in services is the only factor that currently contributes positively to the current account balance, helping to ease chronic deficits. The 2014 current account balance reached a record -5.5 percent of GDP, the largest deficit since 1960.So the question remains - and, according to Prime Minister Cameron we only need to wait until yearend 2017 at the latest for an answer - whether the voters of the UK, if given the opportunity, believe that their economy and way of life favors a vote to remain in the EU. The prime minister's negotiations with the EU to improve the terms of his country's membership - expected demands cover topics ranging from advancement of the single market in services, digital media and energy markets, to reductions in EU regulatory powers and benefits revisions for new migrants - will almost certainly dominate the terms and timing of a referendum and the likely outcome. Yet, fans of data and statistics will be assessing whether a vote in favor of remaining in the EU will improve the probability of greater economic stability. According to IMF baseline projections, if current conditions persist, the UK will be able to reduce deficit of current account to 3.3 percent GDP by 2020. Any deterioration in services trade could undermine the UK's financial system stability, particularly in regard to the sustainability of the country's government debt.The UK's strong financial sector allows it to maintain government debt at average interest rates as low as about 2 percent. A EU exit could erode London's status as a leading Eureopan financial center as Eurozone transactions migrate to financial centers in Frankfurt and Luxembourg. Sources: World Development Indicators (WDI), August 2015, IMF World Economic Outlook (WEO), April 2015, OECD - Quarterly National Accounts, May 2015, Annual Macro-Economic Database, July 2015, WTO statistical data sets, 1948-2014, OECD National Accounts at a Glance, 2015, The Global Financial Centres Index, March 2015 (GFCI 17), Services Trade Restrictiveness Index, Sustainable Governance Indicators, 2014   Services & Trade     Financial Sector Strength     "Brexit" vs. "Grexit"

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK? //jp.knoema.com/ftmgphd/shifting-from-greek-to-uk-exit-what-does-eu-membership-mean-to-the-uk 2016-05-12T20:54:42Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK?

Greece's economic position and performance within the EU starkly contrasts that of the United Kingdom. Using a few select indictors, including GDP, GDP growth, trade, government debt, and interest rates, among others, the visualizations clearly show why one size hardly fits all in the European Union. Stability has never been a characteristic of Greece's economic reality within the Union.Services & Trade     Financial Sector Strength     "Brexit" vs. "Grexit"

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK? //jp.knoema.com/odfezkg/shifting-from-greek-to-uk-exit-what-does-eu-membership-mean-to-the-uk 2015-11-05T17:18:14Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Shifting from Greek to UK Exit: What does EU membership mean to the UK?

What has EU membership meant for the UK? Could the UK economy withstand a deterioration in its link to the European economy? Have existing EU policies that some argue disproportionately favor founding EU members - read France, Germany, and Italy - been more harmful than helpful to the UK economy? It's not only the citizens and government of the UK seeking answers to these questions and many more like them but trading partners, business competitors and investors, and others with economic, political, and even military objectives in operating in a world in which the UK's status is partly defined by its EU membership. The UK today represents 8 percent of total European goods exports and 17 percent of total services exports. Far from inconsequential. The UK also happens to be a large importer of goods from the EU. Underlying these statistics is a UK services economy burgeoning by comparison to any other:The UK services sector generates about 80 percent of GDP and 83 percent of total employment.Foreign trade in services is the only factor that currently contributes positively to the current account balance, helping to ease chronic deficits. The 2014 current account balance reached a record -5.5 percent of GDP, the largest deficit since 1960.So the question remains - and, according to Prime Minister Cameron we only need to wait until yearend 2017 at the latest - whether the voters of the UK, if given the opportunity, believe that their economy and way of life favors a vote to remain in the EU. The prime minister's negotiations with the EU to improve the terms of his country's membership - expected demands cover topics ranging from advancement of the single market in services, digital media and energy markets, to reductions in EU regulatory powers and benefits revisions for new migrants - will almost certainly dominate the terms and timing of a referendum and the likely outcome. Yet, fans of data and statistics will be assessing a vote in favor of remaining in the EU will improve the probability of greater economic stability. According to IMF baseline projections, if current conditions persist, the UK will be able to reduce deficit of current account to 3.3 percent GDP by 2020. Any deterioration in services trade could undermine the UK's financial system stability, particularly in regard to the sustainability of the country's government debt.The UK's strong financial sector allows it to maintain government debt at average interest rates as low as about 2 percent. A EU exit could erode London's status as a leading Eureopan financial center as Eurozone transactions migrate to financial centers in Frankfurt and Luxembourg.Sources: World Development Indicators (WDI), August 2015, IMF World Economic Outlook (WEO), April 2015, OECD - Quarterly National Accounts, May 2015, Annual Macro-Economic Database, July 2015, WTO statistical data sets, 1948-2014, OECD National Accounts at a Glance, 2015, The Global Financial Centres Index, March 2015 (GFCI 17), Services Trade Restrictiveness Index, Sustainable Governance Indicators, 2014 Services & Trade     Financial Sector Strength     "Brexit" vs. "Grexit"

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
United Kingdom general election, 2015 //jp.knoema.com/oboppl/united-kingdom-general-election-2015 2015-05-12T19:12:56Z Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
United Kingdom general election, 2015

As a result of the surprising UK parliamentary elections, the Conservative Party has got a majority of 330 seats in the new UK Parliament*. The Labour Party and the Liberal Democrats have lost much more seats than it had been expected according to the pre-election polls. For the Liberal Democrats it was the absolute defeat: they've lost 48 of 56 parliamentary seats.  According to the report by The Smith Institute the average age of the Member of Parliament (MP) following the election has risen to 51.2 years  - the highest level in the past years. Only 15% of newly elected and re-elected MPs are under 40 years old (5% less than in 2010). The gender balance continues to improve. In 1987 women made up only 6% of all MPs, whereas in the previous parliament their share improved to 22% and in the newly elected parliament it increased to 29%. A quarter of all MPs have an occupational background, highlighting the professionalisation of politics. The occupational background of MPs continues to be ever more biased toward business and the ‘metropolitan professions’, particularly finance, law, public affairs, and politics. Source: Profile of MPs in the UK Parliament (based on The Smith Institute research paper) * As of 11 May 2015 according to the data from the UK Parliament official website

Alex Kulikov jp.knoema.com://jp.knoema.com/user/1847910
Demography statistics by countries: United Kingdom //jp.knoema.com/msmgpag/demography-statistics-by-countries-united-kingdom 2013-03-12T06:21:09Z Ivan Lapickii jp.knoema.com://jp.knoema.com/user/1051100
Demography statistics by countries: United Kingdom

Ivan Lapickii jp.knoema.com://jp.knoema.com/user/1051100