UK economy: May GDP dips 0.1% for second straight month; BoE rate...

Dununu.com Dununu

Patrocinado

UK economy: May GDP dips 0.1% for second straight month; BoE rate cut likely amid fiscal pressure

RSS Feed Business

Postado

26

Britain's economy faces a setback. GDP declined for the second month in May. This surprises economists who expected growth. Industrial output and construction declined. The Bank of England may cut interest rates. The Labour government needs to boost growth. Finance Minister Rachel Reeves acknowledges disappointment. The economy had a strong first quarter but temporary factors drove it.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Just backing Pakistan without mention of India does not threaten sovereignty: Allahabad HC

Por 0 5

'Fuel supply to AI 171 Dreamliner engines got cutoff 3 seconds after liftoff, plane crashed 29 seconds later’: AAIB in preliminary report

Por 0 5

Hrithik-Saba and Sussanne-Arslan enjoy separate outings

Hrithik Roshan was seen enjoying a movie night out with girlfriend Saba Azad and his younger son...

Por 0 9

Father had threatened to kill Radhika or himself 3 days before shooting

Por 0 23

Watch: Female cop punched by two men during brawl in Manchester Airport; 'I was absolutely terrified'

A police officer testified about a violent encounter at Manchester Airport. PC Lydia Ward...

Por 0 23