Shafaqna English- The UK economy has rebounded strongly from last year’s recession, with gross domestic product (GDP) expanding by a robust 0.6% in the first quarter of this year. This growth surpasses economists’ expectations, who had estimated a more conservative 0.4% uptick. Prime Minister Rishi Sunak hailed the data as
While the UK's exit from recession is welcome news, structural problems will continue to stymie economic growth for years to come if they are not addressed soon, Chris Dorrell writes
This morning the Office for National Statistics (ONS) confirmed that the UK confined its technical recession to 2023. The economy grew by 0.6…What to read next: The best and worst of the 2024 Met Gala | Andrew Bailey paves the way for a summer interest rate cut | Can Labour or the Tories fix the economy? | Will Britain ever escape the low growth trap?
U.S. regulators are warning that the mortgage industry could intensify the next recession.
The UK leapt out of recession in the first quarter of this year, with GDP growing by a relatively impressive 0.6 per cent.
Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.
The prime minister says "there is more work to do" as the UK emerges from recession.
THE UK economy is “going gangbusters” after coming out of recession with the fastest growth in two years, experts said last night. Rishi Sunak claimed vindication after GDP grew 0.6 per cent in the
GDP expanded by 0.6 per cent in the first three months of 2024, faster than expected and clawing back ground after going into reverse at the end of 2023.
David Rosenberg, founder of Rosenberg Research, made the claim on Friday. It comes a day after a jobs report for the third quarter. In notes to clients, the ex Merrill Lynch expert laid out why it