economic growth

Strategy for economic growth approved in East Devon

A new Economic Development Strategy has been approved by East Devon District Council’s Cabinet at a meeting held yesterday (Wednesday 10th July).

The Strategy was created to address the most important challenges facing East Devon’s economy highlighted in the findings of a Local Economic Review in 2023. The work builds on economic evidence, including newly published Census data,...

UK economy grows by 0.8%, according to GDP figures

Figures released on Friday (25 October) by the Office for National Statistics (ONS) show ecomonic growth of 0.8% in the third quarter of the year.

The gross domestic product (GDP), which is the main indicator of economic growth, saw an increase of 0.8% between July and September compared to the previous quarter - the best quarterly performance since 2010.

The ONS reports...