"The economy recorded no growth for the second month running, though longer term strength in the services sector meant there was growth over the last three months as a whole," Liz McKeown, director of economic statistics at the ONS, said. The U.K. economy had recorded modest but steady e...
"The bottom line is that the economy still seems to be growing at a reasonable pace, but the 0.6/0.7% quarterly GDP readings we became accustomed to in the first two quarters of the year are not going to be repeated in the second half of the year. We're looking for 0.2% growth in ...
LONDON (ICIS)–Economic growth in the UK fell for the second consecutive month in October, mostly driven by a decline in production output, according to official data on Friday. Monthly real GDP fell by 0.1%, following a fall of 0.1% in September. ...
13-Dec-2024 LONDON (ICIS)–Economic growth in the UK fell for the second consecutive month in October, mostly driven by a decline in production output, according to official data on Friday. Monthly real GDP fell by 0.1%, following a fall...
"2024 must be the year when we break out of this quagmire. By unlocking big, bold investments we can drive sustainable development and climate action, and put the global economy on a stronger growth path for all," said UN Secretary-General Antonio Guterres in the foreword of the report. ...
The UK economy has shifted from a period of stagnation, high inflation and recession to a more welcome environment of apparent growth. Although describing this as a ‘Goldilocks’ period might be overstating things, conditions are favourable for growth o
LONDON (AP) — Britain’s economy grew at the slowest pace in a year during the first quarter as retailers and manufacturers were hurt by supply disruptions and higher prices, raising concerns that the country may be headed for a recession.
"2024 must be the year when we break out of this quagmire. By unlocking big, bold investments we can drive sustainable development and climate action, and put the global economy on a stronger growth path for all," said UN Secretary-General Antonio Guterres in the foreword of the report. ...
For Euro area, the OECD said that GDP growth is projected to be 0.7 percent in 2024 and speed up to 1.3 percent in 2025, with activity supported by a recovery in real incomes and an improvement in credit availability. Headline inflation has continued to fall this year in most countries, ...
British economic growth per person grew for the first time in two years during the first quarter, bucking a declining trend that has left the level of per-capita GDP no better than it was six years ago. Starmer says he wants to raise overall economic growth to ...