Quarter Sterling (millions), Seasonally adjusted 1987-12-31 22.8 1988-03-31 22.7 1988-06-30 23.2 1988-09-30 24 1988-12-31 21.1 1989-03-31 19.7 1989-06-30 19.6 1989-09-30 17.8 1989-12-31 16 1990-03-31 14.8 1990-06-30 11.2 1990-09-30 8.8 1990-12-31 9.5 1991-03-31 8.6 1991-06-30 8.2 1991-09-30 8.7 1991-12-31 7.7 1992-03-31 7 1992-06-30 5.2 1992-09-30 3.7 1992-12-31 1.2 1993-03-31 1.2 1993-06-30 1.8 1993-09-30 2.1 1993-12-31 3.2 1994-03-31 3.1 1994-06-30 3.9 1994-09-30 5.6 1994-12-31 8.3 1995-03-31 10.4 1995-06-30 12.5 1995-09-30 13.1 1995-12-31 14 1996-03-31 14.3 1996-06-30 14.1 1996-09-30 15.4 1996-12-31 15.5 1997-03-31 15.8 1997-06-30 17.3 1997-09-30 15.9 1997-12-31 16.5 1998-03-31 17.8 1998-06-30 17.7 1998-09-30 19.4 1998-12-31 18.9 1999-03-31 18.2 1999-06-30 16.6 1999-09-30 16.1 1999-12-31 15.2 2000-03-31 15.2 2000-06-30 16 2000-09-30 15.2 2000-12-31 16.2 2001-03-31 15.2 2001-06-30 15.7 2001-09-30 16.6 2001-12-31 17.3 2002-03-31 19 2002-06-30 17.6 2002-09-30 18.2 2002-12-31 16.3 2003-03-31 13.8 2003-06-30 13.8 2003-09-30 12.4 2003-12-31 12.6 2004-03-31 14 2004-06-30 15 2004-09-30 15.9 2004-12-31 15.7 2005-03-31 15.3 2005-06-30 13 2005-09-30 10.1 2005-12-31 8.2 2006-03-31 6.4 2006-06-30 6.4 2006-09-30 6.4 2006-12-31 6.1 2007-03-31 5.3 2007-06-30 4 2007-09-30 4.2 2007-12-31 4.7 2008-03-31 6.5 2008-06-30 7.7 2008-09-30 7.9 2008-12-31 3.6 2009-03-31 -0.3 2009-06-30 -2.3 2009-09-30 -4.3 2009-12-31 -0.9 2010-03-31 0.2 2010-06-30 -0.2 2010-09-30 -0.1 2010-12-31 -1.3 2011-03-31 -1.3 2011-06-30 -0.5 2011-09-30 -0.4 2011-12-31 -0.9 2012-03-31 -1.1 2012-06-30 -1.8 2012-09-30 -1.7 2012-12-31 -0.3 2013-03-31 0.3 2013-06-30 2 2013-09-30 3.8 2013-12-31 3.6 2014-03-31 4.8 2014-06-30 5.1 2014-09-30 5.1 2014-12-31 5.9 2015-03-31 6.6 2015-06-30 6.8 2015-09-30 7.3 2015-12-31 7.9 2016-03-31 8.4 2016-06-30 8.7 2016-09-30 8.6 2016-12-31 8.1 2017-03-31 7.8 2017-06-30 6.8 2017-09-30 5.6 2017-12-31 4.9 2018-03-31 3.7 2018-06-30 3.8 2018-09-30 3.9 2018-12-31 3.9 2019-03-31 4.1 2019-06-30 3.8 2019-09-30 3.5 2019-12-31 3.2 2020-03-31 0.7 2020-06-30 -7.9 2020-09-30 -9.7 2020-12-31 -12.6 2021-03-31 -13.5 2021-06-30 -5.8 2021-09-30 -3.4 2021-12-31 0.5 2022-03-31 5.6 2022-06-30 8.1 2022-09-30 8.5 2022-12-31 7.8 2023-03-31 7.5 2023-06-30 6.4 2023-09-30 6.6 2023-12-31 7.9