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BUSINESS STUDIES -

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Economic researchThe economy is expected to recover in seasonally-adjusted terms in the third quarter from the second quarter’s contraction, but growth is likely to remain subdued. This is partly because businesses will be stocking up in preparation for a possible UK departure from the EU on 31 October.

Level of employment in UKComparing the estimates for employees and self-employed people for March to May 2018 with those for a year earlier: employees increased by 408,000 to 27.44 million (84.7% of all people in work) self-employed people were little changed at 4.79 million (14.8% of all people in work

Level of unemployment in UKIn the three months to February 2017 there were 33.4 million people in the UK labour force and 1.56 million people classed as unemployed. These figures gave an official UK unemployment rate of 4.7%

Economic growth in UKUK economic growth hits six-month low. Growth in the UK's economy slowed in the three months to November, expanding at its weakest pace in six months. The economy grew by 0.3% during the period, less than the 0.4% in the three months to October, the Office for National Statistics (ONS) said.

GDP in UKGDP in the United Kingdom is expected to be 2910.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analyst expectations. In the longterm, the United Kingdom GDP is projected to trend around 3170.00 USD Billion in 2020, according to our econometric models....