This is the Vocab24 daily quiz of 17 October 2025, the same 30 questions the app served that day, on the day's vocabulary and editorial. One mark for a right answer, minus 0.25 for a wrong one; the explanation opens as soon as you tap.
Out of the given alternatives select the alternative which best expresses the meaning of given word.
Altruistic
Out of the given alternatives select the alternative which best expresses the meaning of given word.
Dogmatic
Out of the given alternatives select the alternative which best expresses the meaning of given word.
Indifferent
Out of the given alternatives select the alternative which best expresses the meaning of given word.
Rescind
Out of the given alternatives select the word opposite in meaning to the given word.
Antipathy
Out of the given alternatives select the word opposite in meaning to the given word.
Apocryphal
Out of the given alternatives select the word opposite in meaning to the given word.
Ersatz
Out of the given alternatives select the word opposite in meaning to the given word.
Fallacious
Out of given alternatives, choose the word which can be substituted for the given words/ sentence.
Asserting opinions in an arrogant or authoritative manner without considering others' views.
Out of given alternatives, choose the word which can be substituted for the given words/ sentence.
To revoke, cancel, or repeal a law, order, or agreement.
Out of given alternatives, choose the word which can be substituted for the given words/ sentence.
A deep-seated feeling of dislike or aversion.
Out of given alternatives, choose the word which can be substituted for the given words/ sentence.
Based on a mistaken belief or unsound reasoning; misleading.
A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.
He was ____ sad yesterday.
Explanation: 'Very' is preceded by Adjective's positive degree. 'Much' is preceded by comparative degree and past participle. The word 'sad' is in positive degree hence 'very' will be used.
A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.
____ you ____ up the form for next exam?
Explanation: When we use future simple in its interrogative form, we start with 'will' followed by the subject and the verb in its base form (the sentence ends with a question mark).
A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.
You can pick ____ of two.
Explanation: The statement implies that only 2 objects are in question so 'either' is used to signify a choice.
Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.
I requested him to put in a word for me.
Explanation: Put in a word for me: to say positive things about someone.
Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.
The dacoit murdered the man in cold blood.
Explanation: In cold blood: without feeling or mercy.
Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.
He has built a big business empire by his sharp practices.
Explanation: Sharp practices: dishonest or barely honest dealings.
Out of given alternatives select the word which is correctly spelt.
Choose the correct spelling.
Out of given alternatives select the word which is correctly spelt.
Choose the correct spelling.
Out of given alternatives select the word which is correctly spelt.
Choose the correct spelling.
Out of given alternatives select the word which is correctly spelt.
Choose the correct spelling.
Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.
It was barely midnight (a)/ when I came here, biu I found my wife (b)/ sitting at the table, waiting for me (c)/ No error (d)
Explanation: No error
Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.
It is a great pleasure (a)/ to have met you and he (b)/ during your visit (c)/ No error (d)
Explanation: you and him
Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.
Just outside the ruins (a)/ are a palace, surrounded by high walls (b)/ and stately trees (c)/ No error (d)
Explanation: is palace
Directions: Read the following passage and answer the questions given below it in the context of the passage. Some words in the passage are printed in bold to help you locate them while answering some of the questions. <br><br> Following the end of the Second World War, the United Kingdom enjoyed a long period without a major recession (from 1945 to 1973) and a rapid growth in prosperity in the 1950s and 1960s. According to the OECD, the annual rate of growth (percentage change) between 1960 and 1973 averaged 2.9%, although this figure was far behind the rates of other European countries such as France, West Germany and Italy. <br><br> However, following the 1973 oil crisis and the 1973-1974 stock market crash, the British economy fell into recession and the government of Edward Heath was ousted by the Labour Party under Harold Wilson. Wilson formed a minority government on 4 March 1974 after the General Election on 28th February ended in a hung parliament. Wilson subsequently secured a three seats majority in a second election in October that year. <br><br> The UK recorded weaker growth than many other European nations in the 1970s; even after the early 1970s recession ended, the economy was still blighted by rising unemployment and double-digit inflation. <br><br> In 1976, the UK was forced to request a loan of £2.3 billion from the International Monetary Fund. The then Chancellor of the Exchequer Denis Healey was required to implement public spending cuts and other economic reforms in order to secure the loan. Following the Winter of Discontent, the government of James Callaghan lost a vote of no confidence. This triggered the May 1979 General Election which resulted in Margaret Thatcher's Conservative Party forming a new government. <br><br> A new period of neo-liberal economy began in 1979 with the election of Margaret Thatcher who won the General Election on 3rd May that year to return the Conservative Party to government after five years of Labour government. <br><br> During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9 % initially but growth subsequently returned and rose to 5% at its peak in 1988, one of the highest rates of any European nation. <br><br> The UK economy had been one of the strongest economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession. Unemployment has since reached a peak of just under 2.5 million (7.8 %), the highest level since the early 1990s, although still far lower than some other European nations. However, interest rates have reduced to 0.5 % pa. During August 2008 the IMF warned that the UK economic outlook had worsened due to a twin shock : financial turmoil and rising commodity prices. Both developments harm the UK more than most developed countries, as the UK obtains revenue from exporting financial services while recording deficits in finished goods and commodities, including food. In 2007, the UK had the world's third largest current account deficit, due mainly to a large deficit in manufactured goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance. Although the UK's 'labour productivity per person employed' has been progressing well over the last two decades and has overtaken productivity in Germany, it still lags around 20% behind France, where workers have a 35-hour working week. The UK's 'labour productivity per hour worked' is currently on a par with the average for the 'old' EU (15 countries). In 2010, the United Kingdom ranked 26th on the Human Development Index. <br><br> The UK entered a recession in Q2 of 2008, according to the Office for National Statistics and exited it in Q4 of 2009. The subsequently revised ONS figures show that the UK suffered six consecutive quarters of negative growth, making it the longest recession since records began. As at the end of Q4 2009, revised statistics from the Office for National Statistics demonstrate that the UK economy shrank by 7.2% from peak to trough. The Blue Book 2013 confirms that UK growth in Q2 of 2013 was 0.7%, and that the volume of output of GDP remains 3.2% below its prerecession peak. The UK economy's recovery has thus been more lacklustre than previously thought. Furthermore, The Blue Book 2013 demonstrates that the UK experienced a deeper initial downturn than all of the G7 economies save for Japan, and has experienced a slower recovery than all but Italy. <br><br> A report released by the Office of National Statistics on 14 May 2013 revealed that over the six-year period between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of household income on an international scale-the drop was partially attributed to the devaluation of sterling over this time frame. However, the report also concluded that, during this period, inflation was relatively less volatile, the UK labour market was more resilient in comparison to other recessions, and household spending and wealth in the UK remained relatively strong in comparison to other OECD countries. According to a report by Moody's Corporation, Britain's debt-to-GDP ratio continues to increase in 2013 and is expected to reach 93% at the end of the year. The UK has lost its triple-A credit rating on the basis of poor economic outlook. 2013 economic growth has surprised many economists, ministers and the OBR in the 2013 budget's projected annual growth of just 0.6%. In 2013 Q1 the economy grew by 0.4%, in Q2 the economy grew by 0.7% and in Q3 the economy is predicted to have grown at 0.8%.
A new period of new-liberal economy began in United Kingdom with the election of Margaret Thatcher after five years of Labour government. Margaret Thatcher came to power in
Directions: Read the following passage and answer the questions given below it in the context of the passage. Some words in the passage are printed in bold to help you locate them while answering some of the questions. <br><br> Following the end of the Second World War, the United Kingdom enjoyed a long period without a major recession (from 1945 to 1973) and a rapid growth in prosperity in the 1950s and 1960s. According to the OECD, the annual rate of growth (percentage change) between 1960 and 1973 averaged 2.9%, although this figure was far behind the rates of other European countries such as France, West Germany and Italy. <br><br> However, following the 1973 oil crisis and the 1973-1974 stock market crash, the British economy fell into recession and the government of Edward Heath was ousted by the Labour Party under Harold Wilson. Wilson formed a minority government on 4 March 1974 after the General Election on 28th February ended in a hung parliament. Wilson subsequently secured a three seats majority in a second election in October that year. <br><br> The UK recorded weaker growth than many other European nations in the 1970s; even after the early 1970s recession ended, the economy was still blighted by rising unemployment and double-digit inflation. <br><br> In 1976, the UK was forced to request a loan of £2.3 billion from the International Monetary Fund. The then Chancellor of the Exchequer Denis Healey was required to implement public spending cuts and other economic reforms in order to secure the loan. Following the Winter of Discontent, the government of James Callaghan lost a vote of no confidence. This triggered the May 1979 General Election which resulted in Margaret Thatcher's Conservative Party forming a new government. <br><br> A new period of neo-liberal economy began in 1979 with the election of Margaret Thatcher who won the General Election on 3rd May that year to return the Conservative Party to government after five years of Labour government. <br><br> During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9 % initially but growth subsequently returned and rose to 5% at its peak in 1988, one of the highest rates of any European nation. <br><br> The UK economy had been one of the strongest economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession. Unemployment has since reached a peak of just under 2.5 million (7.8 %), the highest level since the early 1990s, although still far lower than some other European nations. However, interest rates have reduced to 0.5 % pa. During August 2008 the IMF warned that the UK economic outlook had worsened due to a twin shock : financial turmoil and rising commodity prices. Both developments harm the UK more than most developed countries, as the UK obtains revenue from exporting financial services while recording deficits in finished goods and commodities, including food. In 2007, the UK had the world's third largest current account deficit, due mainly to a large deficit in manufactured goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance. Although the UK's 'labour productivity per person employed' has been progressing well over the last two decades and has overtaken productivity in Germany, it still lags around 20% behind France, where workers have a 35-hour working week. The UK's 'labour productivity per hour worked' is currently on a par with the average for the 'old' EU (15 countries). In 2010, the United Kingdom ranked 26th on the Human Development Index. <br><br> The UK entered a recession in Q2 of 2008, according to the Office for National Statistics and exited it in Q4 of 2009. The subsequently revised ONS figures show that the UK suffered six consecutive quarters of negative growth, making it the longest recession since records began. As at the end of Q4 2009, revised statistics from the Office for National Statistics demonstrate that the UK economy shrank by 7.2% from peak to trough. The Blue Book 2013 confirms that UK growth in Q2 of 2013 was 0.7%, and that the volume of output of GDP remains 3.2% below its prerecession peak. The UK economy's recovery has thus been more lacklustre than previously thought. Furthermore, The Blue Book 2013 demonstrates that the UK experienced a deeper initial downturn than all of the G7 economies save for Japan, and has experienced a slower recovery than all but Italy. <br><br> A report released by the Office of National Statistics on 14 May 2013 revealed that over the six-year period between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of household income on an international scale-the drop was partially attributed to the devaluation of sterling over this time frame. However, the report also concluded that, during this period, inflation was relatively less volatile, the UK labour market was more resilient in comparison to other recessions, and household spending and wealth in the UK remained relatively strong in comparison to other OECD countries. According to a report by Moody's Corporation, Britain's debt-to-GDP ratio continues to increase in 2013 and is expected to reach 93% at the end of the year. The UK has lost its triple-A credit rating on the basis of poor economic outlook. 2013 economic growth has surprised many economists, ministers and the OBR in the 2013 budget's projected annual growth of just 0.6%. In 2013 Q1 the economy grew by 0.4%, in Q2 the economy grew by 0.7% and in Q3 the economy is predicted to have grown at 0.8%.
According to the OECD, the annual rate of growth of United Kingdom's economy between 1960 and 1973 averaged
Directions: Read the following passage and answer the questions given below it in the context of the passage. Some words in the passage are printed in bold to help you locate them while answering some of the questions. <br><br> Following the end of the Second World War, the United Kingdom enjoyed a long period without a major recession (from 1945 to 1973) and a rapid growth in prosperity in the 1950s and 1960s. According to the OECD, the annual rate of growth (percentage change) between 1960 and 1973 averaged 2.9%, although this figure was far behind the rates of other European countries such as France, West Germany and Italy. <br><br> However, following the 1973 oil crisis and the 1973-1974 stock market crash, the British economy fell into recession and the government of Edward Heath was ousted by the Labour Party under Harold Wilson. Wilson formed a minority government on 4 March 1974 after the General Election on 28th February ended in a hung parliament. Wilson subsequently secured a three seats majority in a second election in October that year. <br><br> The UK recorded weaker growth than many other European nations in the 1970s; even after the early 1970s recession ended, the economy was still blighted by rising unemployment and double-digit inflation. <br><br> In 1976, the UK was forced to request a loan of £2.3 billion from the International Monetary Fund. The then Chancellor of the Exchequer Denis Healey was required to implement public spending cuts and other economic reforms in order to secure the loan. Following the Winter of Discontent, the government of James Callaghan lost a vote of no confidence. This triggered the May 1979 General Election which resulted in Margaret Thatcher's Conservative Party forming a new government. <br><br> A new period of neo-liberal economy began in 1979 with the election of Margaret Thatcher who won the General Election on 3rd May that year to return the Conservative Party to government after five years of Labour government. <br><br> During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9 % initially but growth subsequently returned and rose to 5% at its peak in 1988, one of the highest rates of any European nation. <br><br> The UK economy had been one of the strongest economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession. Unemployment has since reached a peak of just under 2.5 million (7.8 %), the highest level since the early 1990s, although still far lower than some other European nations. However, interest rates have reduced to 0.5 % pa. During August 2008 the IMF warned that the UK economic outlook had worsened due to a twin shock : financial turmoil and rising commodity prices. Both developments harm the UK more than most developed countries, as the UK obtains revenue from exporting financial services while recording deficits in finished goods and commodities, including food. In 2007, the UK had the world's third largest current account deficit, due mainly to a large deficit in manufactured goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance. Although the UK's 'labour productivity per person employed' has been progressing well over the last two decades and has overtaken productivity in Germany, it still lags around 20% behind France, where workers have a 35-hour working week. The UK's 'labour productivity per hour worked' is currently on a par with the average for the 'old' EU (15 countries). In 2010, the United Kingdom ranked 26th on the Human Development Index. <br><br> The UK entered a recession in Q2 of 2008, according to the Office for National Statistics and exited it in Q4 of 2009. The subsequently revised ONS figures show that the UK suffered six consecutive quarters of negative growth, making it the longest recession since records began. As at the end of Q4 2009, revised statistics from the Office for National Statistics demonstrate that the UK economy shrank by 7.2% from peak to trough. The Blue Book 2013 confirms that UK growth in Q2 of 2013 was 0.7%, and that the volume of output of GDP remains 3.2% below its prerecession peak. The UK economy's recovery has thus been more lacklustre than previously thought. Furthermore, The Blue Book 2013 demonstrates that the UK experienced a deeper initial downturn than all of the G7 economies save for Japan, and has experienced a slower recovery than all but Italy. <br><br> A report released by the Office of National Statistics on 14 May 2013 revealed that over the six-year period between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of household income on an international scale-the drop was partially attributed to the devaluation of sterling over this time frame. However, the report also concluded that, during this period, inflation was relatively less volatile, the UK labour market was more resilient in comparison to other recessions, and household spending and wealth in the UK remained relatively strong in comparison to other OECD countries. According to a report by Moody's Corporation, Britain's debt-to-GDP ratio continues to increase in 2013 and is expected to reach 93% at the end of the year. The UK has lost its triple-A credit rating on the basis of poor economic outlook. 2013 economic growth has surprised many economists, ministers and the OBR in the 2013 budget's projected annual growth of just 0.6%. In 2013 Q1 the economy grew by 0.4%, in Q2 the economy grew by 0.7% and in Q3 the economy is predicted to have grown at 0.8%.
During August 2008, International Monetary Fund warned that the United Kingdom economic outlook had worsened due to a twin shock. What were the twin shocks?
Directions: Read the following passage and answer the questions given below it in the context of the passage. Some words in the passage are printed in bold to help you locate them while answering some of the questions. <br><br> Following the end of the Second World War, the United Kingdom enjoyed a long period without a major recession (from 1945 to 1973) and a rapid growth in prosperity in the 1950s and 1960s. According to the OECD, the annual rate of growth (percentage change) between 1960 and 1973 averaged 2.9%, although this figure was far behind the rates of other European countries such as France, West Germany and Italy. <br><br> However, following the 1973 oil crisis and the 1973-1974 stock market crash, the British economy fell into recession and the government of Edward Heath was ousted by the Labour Party under Harold Wilson. Wilson formed a minority government on 4 March 1974 after the General Election on 28th February ended in a hung parliament. Wilson subsequently secured a three seats majority in a second election in October that year. <br><br> The UK recorded weaker growth than many other European nations in the 1970s; even after the early 1970s recession ended, the economy was still blighted by rising unemployment and double-digit inflation. <br><br> In 1976, the UK was forced to request a loan of £2.3 billion from the International Monetary Fund. The then Chancellor of the Exchequer Denis Healey was required to implement public spending cuts and other economic reforms in order to secure the loan. Following the Winter of Discontent, the government of James Callaghan lost a vote of no confidence. This triggered the May 1979 General Election which resulted in Margaret Thatcher's Conservative Party forming a new government. <br><br> A new period of neo-liberal economy began in 1979 with the election of Margaret Thatcher who won the General Election on 3rd May that year to return the Conservative Party to government after five years of Labour government. <br><br> During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9 % initially but growth subsequently returned and rose to 5% at its peak in 1988, one of the highest rates of any European nation. <br><br> The UK economy had been one of the strongest economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession. Unemployment has since reached a peak of just under 2.5 million (7.8 %), the highest level since the early 1990s, although still far lower than some other European nations. However, interest rates have reduced to 0.5 % pa. During August 2008 the IMF warned that the UK economic outlook had worsened due to a twin shock : financial turmoil and rising commodity prices. Both developments harm the UK more than most developed countries, as the UK obtains revenue from exporting financial services while recording deficits in finished goods and commodities, including food. In 2007, the UK had the world's third largest current account deficit, due mainly to a large deficit in manufactured goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance. Although the UK's 'labour productivity per person employed' has been progressing well over the last two decades and has overtaken productivity in Germany, it still lags around 20% behind France, where workers have a 35-hour working week. The UK's 'labour productivity per hour worked' is currently on a par with the average for the 'old' EU (15 countries). In 2010, the United Kingdom ranked 26th on the Human Development Index. <br><br> The UK entered a recession in Q2 of 2008, according to the Office for National Statistics and exited it in Q4 of 2009. The subsequently revised ONS figures show that the UK suffered six consecutive quarters of negative growth, making it the longest recession since records began. As at the end of Q4 2009, revised statistics from the Office for National Statistics demonstrate that the UK economy shrank by 7.2% from peak to trough. The Blue Book 2013 confirms that UK growth in Q2 of 2013 was 0.7%, and that the volume of output of GDP remains 3.2% below its prerecession peak. The UK economy's recovery has thus been more lacklustre than previously thought. Furthermore, The Blue Book 2013 demonstrates that the UK experienced a deeper initial downturn than all of the G7 economies save for Japan, and has experienced a slower recovery than all but Italy. <br><br> A report released by the Office of National Statistics on 14 May 2013 revealed that over the six-year period between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of household income on an international scale-the drop was partially attributed to the devaluation of sterling over this time frame. However, the report also concluded that, during this period, inflation was relatively less volatile, the UK labour market was more resilient in comparison to other recessions, and household spending and wealth in the UK remained relatively strong in comparison to other OECD countries. According to a report by Moody's Corporation, Britain's debt-to-GDP ratio continues to increase in 2013 and is expected to reach 93% at the end of the year. The UK has lost its triple-A credit rating on the basis of poor economic outlook. 2013 economic growth has surprised many economists, ministers and the OBR in the 2013 budget's projected annual growth of just 0.6%. In 2013 Q1 the economy grew by 0.4%, in Q2 the economy grew by 0.7% and in Q3 the economy is predicted to have grown at 0.8%.
A report of Office of National Statistics revealed that between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of
Directions: Read the following passage and answer the questions given below it in the context of the passage. Some words in the passage are printed in bold to help you locate them while answering some of the questions. <br><br> Following the end of the Second World War, the United Kingdom enjoyed a long period without a major recession (from 1945 to 1973) and a rapid growth in prosperity in the 1950s and 1960s. According to the OECD, the annual rate of growth (percentage change) between 1960 and 1973 averaged 2.9%, although this figure was far behind the rates of other European countries such as France, West Germany and Italy. <br><br> However, following the 1973 oil crisis and the 1973-1974 stock market crash, the British economy fell into recession and the government of Edward Heath was ousted by the Labour Party under Harold Wilson. Wilson formed a minority government on 4 March 1974 after the General Election on 28th February ended in a hung parliament. Wilson subsequently secured a three seats majority in a second election in October that year. <br><br> The UK recorded weaker growth than many other European nations in the 1970s; even after the early 1970s recession ended, the economy was still blighted by rising unemployment and double-digit inflation. <br><br> In 1976, the UK was forced to request a loan of £2.3 billion from the International Monetary Fund. The then Chancellor of the Exchequer Denis Healey was required to implement public spending cuts and other economic reforms in order to secure the loan. Following the Winter of Discontent, the government of James Callaghan lost a vote of no confidence. This triggered the May 1979 General Election which resulted in Margaret Thatcher's Conservative Party forming a new government. <br><br> A new period of neo-liberal economy began in 1979 with the election of Margaret Thatcher who won the General Election on 3rd May that year to return the Conservative Party to government after five years of Labour government. <br><br> During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9 % initially but growth subsequently returned and rose to 5% at its peak in 1988, one of the highest rates of any European nation. <br><br> The UK economy had been one of the strongest economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession. Unemployment has since reached a peak of just under 2.5 million (7.8 %), the highest level since the early 1990s, although still far lower than some other European nations. However, interest rates have reduced to 0.5 % pa. During August 2008 the IMF warned that the UK economic outlook had worsened due to a twin shock : financial turmoil and rising commodity prices. Both developments harm the UK more than most developed countries, as the UK obtains revenue from exporting financial services while recording deficits in finished goods and commodities, including food. In 2007, the UK had the world's third largest current account deficit, due mainly to a large deficit in manufactured goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance. Although the UK's 'labour productivity per person employed' has been progressing well over the last two decades and has overtaken productivity in Germany, it still lags around 20% behind France, where workers have a 35-hour working week. The UK's 'labour productivity per hour worked' is currently on a par with the average for the 'old' EU (15 countries). In 2010, the United Kingdom ranked 26th on the Human Development Index. <br><br> The UK entered a recession in Q2 of 2008, according to the Office for National Statistics and exited it in Q4 of 2009. The subsequently revised ONS figures show that the UK suffered six consecutive quarters of negative growth, making it the longest recession since records began. As at the end of Q4 2009, revised statistics from the Office for National Statistics demonstrate that the UK economy shrank by 7.2% from peak to trough. The Blue Book 2013 confirms that UK growth in Q2 of 2013 was 0.7%, and that the volume of output of GDP remains 3.2% below its prerecession peak. The UK economy's recovery has thus been more lacklustre than previously thought. Furthermore, The Blue Book 2013 demonstrates that the UK experienced a deeper initial downturn than all of the G7 economies save for Japan, and has experienced a slower recovery than all but Italy. <br><br> A report released by the Office of National Statistics on 14 May 2013 revealed that over the six-year period between 2005 and 2011, the UK dropped from 5th place to 12th place in terms of household income on an international scale-the drop was partially attributed to the devaluation of sterling over this time frame. However, the report also concluded that, during this period, inflation was relatively less volatile, the UK labour market was more resilient in comparison to other recessions, and household spending and wealth in the UK remained relatively strong in comparison to other OECD countries. According to a report by Moody's Corporation, Britain's debt-to-GDP ratio continues to increase in 2013 and is expected to reach 93% at the end of the year. The UK has lost its triple-A credit rating on the basis of poor economic outlook. 2013 economic growth has surprised many economists, ministers and the OBR in the 2013 budget's projected annual growth of just 0.6%. In 2013 Q1 the economy grew by 0.4%, in Q2 the economy grew by 0.7% and in Q3 the economy is predicted to have grown at 0.8%.
According to a report by Moody's, Britain's debt-to-GDP ratio is expected to reach ________ at the end of 2013.


