Wealth of the Average Household: Great Britain, 2008/10: ONS
- In 2008/10, middle wealth households had total wealth of between £158,000 and £317,000.
- Almost nine in ten middle wealth households owned their main residence.
- Over three in five middle wealth households were headed by an employed or self employed individual.
SME Finance Monitor: BDRC
- In Q4 2012, 41% of SMEs reported using any external finance, virtually unchanged from either Q3 2012, or the equivalent Q4 in 2011.
- Larger SMEs remained more likely to be using external finance than smaller ones, but the proportion is declining over time.
- Half of all SMEs had some ‘personal’ element to their business finance, while a third met the definition of a ‘Permanent non seeker’ of finance, and this proportion of SMEs is increasing gradually over time.
- The proportion making a profit was stable, but smaller profits are being reported and there has been a slight increase in the proportion of SMEs with a worse than average external risk rating
Minimum Income Standard for the UK
- The Minimum Income Standard is the income that people need in order to reach a minimum socially acceptable standard of living in the United Kingdom today, based on what members of the public think. Requirements for each household type specify how much they need to spend and what they need to earn in order to reach this standard.
- A minimum standard of living in Britain today includes, but is more than just, food, clothes and shelter. It is about having what you need in order to have the opportunities and choices necessary to participate in society.
- A Minimum Income Standard in the United Kingdom is an ongoing programme of research to define what level of income is needed to allow a minimum acceptable standard of living in the UK today.
European employment Q4 2012: Eurostat
- The number of persons employed decreased by 0.3% in the euro area (EA17) and by 0.2% in the EU27 in the fourth quarter of 2012 compared with the previous quarter.
- In the third quarter of 2012, employment decreased by 0.1% in the euro area and remained stable in the EU27. These figures are seasonally adjusted.
- Compared with the same quarter of the previous year, employment fell by 0.8% in the euro area and by 0.4% in the EU27 in the fourth quarter of 2012 (after -0.6% and -0.4% respectively in the third quarter of 2012).
- Over the whole year 2012, employment decreased by 0.7% in the euro area and by 0.4% in the EU27, compared with +0.3% in both zones in 2011.
- In the fourth quarter of 2012, 222.6 million men and women were employed in the EU27, of which 145.7 million were in the euro area. These figures are seasonally adjusted.
February Expenditure Index: Visa
- Second successive monthly rise in consumer spending: growth of +0.8% registered in February (January: +0.9%). The combined effect of two months of expenditure growth increases the likelihood that the UK will avoid recession in Q1 2013
- Year-on-year spending unchanged in February (January: -0.9%).
- Underlying spending continued to fall, but at slower rate: February 3m/3m rate at -1.1% (January: -1.3%).