Press, News & Features

Latest News

Economy grew more than previously thought, claims ONS

The Office for National Statistics (ONS) has revised its previous figures regarding the UK economy in 2012, showing it grew more than previously thought.

Reported by, the body changed its growth estimate from no growth up to 0.2 per cent.

The revisions involved changing figures attributed to two quarters last year. The first quarter was lifted from a 0.2 per cent contraction to a 0.1 per cent contraction while growth in the third quarter was upgraded from 0.9 per cent to 1.0 per cent. suggests the revisions will prove to be a boost to Chancellor George Osborne ahead of his Budget next month.

The high figure seen in the third quarter was mainly down to the Olympic 2012 Games, with tickets sales being assumed to have taken place in the three-month period. In addition, growth in the fourth quarter 2012 compared with 2011 was revised up from zero to 0.3 per cent.

However, that is not to say the UK has escaped from an uncertain future. Economists believe the 'continued and deepening squeeze' on consumer spending - due to low wage growth and rising prices - is one of the greatest risks.

Chris Williamson, representative of Markit, commented on the figures: "The outlook for the rest of the year is therefore one of very modest economic growth at best with ongoing, heightening risks of another slide back into contraction."

Thank you for choosing Loomis to provide your SafePoint Solo solution.

We aim to make the set up process as easy as possible right from the start; here's a quick outline of what to expect once you submit your request: 

  • You will receive a New Account Request form (here we capture more about your company, address details and other necessary information)
  • Upon receipt of a completed form; we will create your New Account and issue our standard terms and conditions
  • Included within will be confirmation of the collection day for your service
  • Once the contract is fully executed, you will be asked to complete a short form regarding the placement of your new SafePoint device
  • Once returned, an ETA for the installation will be given, with your services commencing shortly after this is complete
  • You will also receive a Welcome Pack and site survey from your local servicing depot.
You may experience issues with this form if you have not accepted cookies.