The UK economy shrank by 0.1 percent in May 2025 after shrinking by 0.3 percent in April. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now around 4.4 percent larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since January 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. While Labour aims to restore the UK's economic and political credibility in the long term, they will certainly hope for some good economic news sooner rather than later. Economy bounces back in 2024 after ending 2023 in recession Due to two consecutive quarters of negative economic growth, in late 2023 the UK economy ended the year in recession. After not growing at all in the second quarter of 2023, UK GDP fell by 0.1 percent in the third quarter, and then by 0.3 percent in the last quarter. For the whole of 2023, the economy grew by 0.4 percent compared to 2022, and for 2024 is forecast to have grown by 1.1 percent. During the first two quarters of 2024, UK GDP grew by 0.7 percent, and 0.4 percent, with this relatively strong growth followed by zero percent growth in the third quarter of the year. Although the economy had started to grow again by the time of the 2024 general election, this was not enough to save the Conservative government at the time. Despite usually seen as the best party for handling the economy, the Conservative's economic competency was behind that of Labour on the eve of the 2024 election.

The Gross Domestic Product (GDP) in the United Kingdom expanded 0.70 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United Kingdom GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.

The Gross Domestic Product (GDP) in the United Kingdom was worth 3643.83 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United Kingdom represents 3.43 percent of the world economy. This dataset provides the latest reported value for - United Kingdom GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, gross domestic product per capita in the United Kingdom was 37,044 British pounds, compared with 37,033 pounds in the previous year. In general, while GDP per capita has grown quite consistently throughout this period, there are noticeable declines, especially between 2007 and 2009, and between 2019 and 2020, due to the Global Financial Crisis, and COVID-19 pandemic, respectively. Why is GDP per capita stagnating when the economy is growing? During the last two years that GDP per capita fell and then stagnated in the UK, the overall economy grew by 0.4 percent in 2023 and 1.1 percent in 2024. While the overall UK economy is therefore larger than it was in 2022, the UK's population has grown at a faster rate, resulting in the lower GDP per capita figure. The long-term slump in the UK's productivity, as measured by output per hour worked, has meant that the gap between GDP growth and GDP per capita growth has been widening for some time. Economy remains the main concern of UK voters As of February 2025, the economy was seen as the main issue facing the UK, just ahead of immigration, health, and several other problems in the country. While Brexit was seen as the most important issue before COVID-19, and concerns about health were dominant throughout 2020 and 2021, the economy has generally been the primary facing voters issue since 2022. The surge in inflation throughout 2022 and 2023, and the impact this had on wages and living standards, resulted in a very tough period for UK households. As of January 2025, 57 percent of households were still noticing rising living costs, although this is down from a peak of 91 percent in August 2022.

United Kingdom UK: Rural Population Growth data was reported at -0.865 % in 2017. This records a decrease from the previous number of -0.794 % for 2016. United Kingdom UK: Rural Population Growth data is updated yearly, averaging -0.024 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1.480 % in 1962 and a record low of -0.979 % in 2002. United Kingdom UK: Rural Population Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Population and Urbanization Statistics. Rural population refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.; ; World Bank staff estimates based on the United Nations Population Division's World Urbanization Prospects: 2018 Revision.; Weighted average;

Real wages and living standards: the latest UK evidence

Real household disposable income per person in the United Kingdom is expected to grow by *** percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by *** percent, after falling by *** percent in 2021/22, and *** percent in 2020/21.

United States Imports: 1-Digit: UK: Food and Live Animals data was reported at 71.397 USD mn in Oct 2018. This records an increase from the previous number of 62.980 USD mn for Sep 2018. United States Imports: 1-Digit: UK: Food and Live Animals data is updated monthly, averaging 38.252 USD mn from Jan 1996 (Median) to Oct 2018, with 274 observations. The data reached an all-time high of 79.610 USD mn in Oct 2017 and a record low of 13.609 USD mn in Jan 1996. United States Imports: 1-Digit: UK: Food and Live Animals data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA075: Trade Statistics: United Kingdom: Imports: Customs: SITC.

Percentage of the rural population that live within two kilometres of an all-season road. These data were created using Geographical Information Systems for Sustainable Development Goals Indicator 9.1.1

Social media platforms are integral to people's lives, offering ways to communicate, create and view content and share information. According to Ofcom, approximately 89% of UK internet users in 2023 used social media apps or sites. Teenagers and young adults are the biggest users, although there is rapid uptake among older age groups. Advertising is the primary revenue source for social media platforms, although subscription-based services are gaining momentum as platforms seek to diversify their incomes. TikTok is the success story of the last few years, becoming the most downloaded app between 2020 and 2022, according to Apptopia. The short-form video platform reported that it averaged revenue growth of over 450% between 2019 and 2022. After Musk's takeover, X, formerly known as Twitter, adjusted its content moderation and allowed previously banned accounts to return. As a result, over 600 advertisers have pulled their ads from the site because of fears their brand may be associated with malcontent. In response to falling ad revenue, X has introduced a subscription-based service which enables users to verify themselves and boosts the number of people who view their tweets. Meta-owned Facebook and Instagram have responded by introducing a similar service. Revenue is expected to grow by 14.3% in 2024-25, constrained by a slowdown in user growth for most major social media platforms. Over the five years through 2024-25, revenue is forecast to expand at a compound annual rate of 32.8% to reach £9.8 billion. Looking forward, regulations relating to how data is collected, stored, and shared will force advertisers and platforms to rethink how they can target their desired demographics. The rising prominence of AI will require the introduction of adequate regulations. The Online Safety Bill sets out new guidelines for social media platforms to abide by, with hefty fines in store for those who do not. Operating costs will swell as platforms look to meet consumers’ expectations, weighing on profit. Over the five years through 2029-30, social media platforms' revenue is projected to climb at an estimated 9.4% to reach £15.4 billion.

The UK sports promoters market, a dynamic sector experiencing robust growth, is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, the enduring popularity of major sporting events like Premier League football and international tennis tournaments creates significant demand for professional promotion services. Secondly, the increasing sophistication of media rights deals, coupled with the growth of digital platforms and streaming services, contributes to substantial revenue streams for promoters. The rise of influencer marketing and targeted advertising further enhances promotional reach and effectiveness. Finally, the ever-growing appetite for live experiences fuels ticket sales and sponsorships, strengthening the financial foundations of the industry. While challenges exist, such as the economic climate's influence on sponsorship and ticket sales, the overall trajectory remains positive. The segmentation of the market, encompassing various sports (Soccer, Formula 1, Basketball, Tennis, and others) and revenue sources (Media Rights, Merchandising, Tickets, and Sponsoring), presents significant opportunities for diversification and strategic growth. Prominent players like Matchroom Sport and Premier League showcase the market's established nature and the potential for consolidation through mergers and acquisitions. The geographic concentration of the UK market presents opportunities for expansion. While the UK forms a core market, international expansion strategies are vital for continued growth. Emerging markets in Asia and parts of Africa, particularly those with rapidly expanding middle classes and growing sports fan bases, offer lucrative prospects for UK sports promoters. However, navigating differing regulatory environments and cultural nuances in these markets will be key to success. Furthermore, the evolving preferences of sports fans, including a demand for enhanced digital engagement and personalized experiences, require promoters to adopt innovative strategies. The sector's resilience and adaptability are crucial for sustaining the projected growth and capturing the opportunities presented by the evolving sports landscape. This necessitates strategic investments in digital infrastructure, data analytics, and talent acquisition. This report provides a comprehensive analysis of the UK Sports Promoters Market, covering the period 2019-2033. It delves into market size, segmentation, trends, and future growth projections, providing invaluable insights for stakeholders across the sports industry. With a base year of 2025 and an estimated year of 2025, the forecast period extends to 2033, offering a long-term perspective on this dynamic sector. This in-depth study utilizes data from the historical period (2019-2024) to provide a robust foundation for future predictions. Recent developments include: June 2023: Sport-tech 50 introduced Talent Pathway ID, a groundbreaking addition to its lineup, offering AI-powered performance analysis for both athletes and coaches., April 2023: Madison Square Garden Entertainment Corp. celebrated the successful completion of its spin-off from Sphere Entertainment Co., marking the start of trading on the New York Stock Exchange under the ticker symbol "MSGE." Sphere Entertainment still retains approximately 33% ownership of MSG Entertainment's outstanding shares.. Key drivers for this market are: Increase in Number of Spectators Watching Sports. Potential restraints include: Increase in Number of Spectators Watching Sports. Notable trends are: Athletes Influencers is Driving the Market.

Employment and income of visa holders living in the UK under the Ukraine Humanitarian Schemes by expected living arrangements under the Ukraine Permission Extension scheme, from the April 2024 follow-up of the UK Humanitarian Response Insight Survey. Official Statistics in Development.

United Kingdom's main stock market index, the GB100, fell to 9069 points on August 1, 2025, losing 0.70% from the previous session. Over the past month, the index has climbed 3.35% and is up 10.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. United Kingdom Stock Market Index (GB100) - values, historical data, forecasts and news - updated on August of 2025.

Urban population (% of total population) in United Kingdom was reported at 84.88 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Urban population (% of total) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

United States Exports: 2-Digit: UK: Live Animals excl Division 03 data was reported at 16.797 USD mn in Sep 2018. This records an increase from the previous number of 2.821 USD mn for Aug 2018. United States Exports: 2-Digit: UK: Live Animals excl Division 03 data is updated monthly, averaging 1.987 USD mn from Jan 1996 (Median) to Sep 2018, with 273 observations. The data reached an all-time high of 104.004 USD mn in Oct 2005 and a record low of 0.037 USD mn in Sep 1998. United States Exports: 2-Digit: UK: Live Animals excl Division 03 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA108: Trade Statistics: United Kingdom: Exports: FAS: SITC.

United States Imports: 2-Digit: UK: Live Animals excl Division 03 data was reported at 2.539 USD mn in May 2018. This records an increase from the previous number of 1.448 USD mn for Apr 2018. United States Imports: 2-Digit: UK: Live Animals excl Division 03 data is updated monthly, averaging 1.556 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 25.339 USD mn in Oct 2017 and a record low of 0.113 USD mn in Mar 1996. United States Imports: 2-Digit: UK: Live Animals excl Division 03 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA109: Trade Statistics: United Kingdom: Imports: Customs: SITC.

In June 2025, 59 percent of households in Great Britain reported that their cost of living had increased in the previous month, compared with 72 percent in April. Although the share of people reporting a cost of living increase has generally been falling since August 2022, when 91 percent of households reported an increase, the most recent figures indicate that the Cost of Living Crisis is still ongoing for many households in the UK. Crisis ligers even as inflation falls Although various factors have been driving the Cost of Living Crisis in Britain, high inflation has undoubtedly been one of the main factors. After several years of relatively low inflation, the CPI inflation rate shot up from 2021 onwards, hitting a high of 11.1 percent in October 2022. In the months since that peak, inflation has fallen to more usual levels, and was 2.5 percent in December 2024, slightly up from 1.7 percent in September. Since June 2023, wages have also started to grow at a faster rate than inflation, albeit after a long period where average wages were falling relative to overall price increases. Economy continues to be the main issue for voters Ahead of the last UK general election, the economy was consistently selected as the main issue for voters for several months. Although the Conservative Party was seen by voters as the best party for handling the economy before October 2022, this perception collapsed following the market's reaction to Liz Truss' mini-budget. Even after changing their leader from Truss to Rishi Sunak, the Conservatives continued to fall in the polls, and would go onto lose the election decisively. Since the election, the economy remains the most important issue in the UK, although it was only slightly ahead of immigration and health as of January 2025.

United Kingdom Import: sa: BoP: Goods: EU: Agri: Live Animals & Animal data was reported at 133.000 GBP mn in Jun 2018. This records an increase from the previous number of 120.000 GBP mn for Mar 2018. United Kingdom Import: sa: BoP: Goods: EU: Agri: Live Animals & Animal data is updated quarterly, averaging 88.000 GBP mn from Mar 1998 (Median) to Jun 2018, with 82 observations. The data reached an all-time high of 163.000 GBP mn in Mar 2017 and a record low of 27.000 GBP mn in Jun 1998. United Kingdom Import: sa: BoP: Goods: EU: Agri: Live Animals & Animal data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.JA009: Imports: By Industry: EU Countries: Seasonally Adjusted.

Household projections for England, by region and local authority. Formerly referred to as live tables on household projections. The 2018-based projections are the most recent available.