The Office for National Statistics publishes its regional growth figures annually. As of September, however, the ONS will release the data every three months, basing its estimates on VAT returns. Statistics will be published six months after the end of each quarter, rather than a year later. Rob Kent-Smith, the statistics office’s head of GDP, regional and national accounts, said that the new estimates would allow faster insight into regional economies. The move is part of a wider effort to provide…

Source: The Times June 18, 2019 22:52 UTC