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Recession, GDP
UK exits recession with better-than-expected 0.6% GDP growth
Britain's economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year and delivering a boost to Prime Minister Rishi Sunak ahead of an election.
Tories seize on GDP rebound as they sell recovery story to sour electorate
The GDP figures, said chancellor Jeremy Hunt in a statement on Friday, suggested the economy is “returning to full health” for the first time since the Covid pandemic. Downing Street insiders noted, meanwhile, that stronger growth could create room for more tax cuts later this year.
UK has moved out of recession, official figures show
GDP rose by 0.6% in first quarter of 2024 but forecasters expect economy to grow slowly this year
5h
Latest GDP figures offer some better news – but boom-boom Britain it ain’t
While the government will seize on any crumbs of comfort it can find, the bigger picture on growth tells a different story ...
11h
Strong first-quarter GDP unlikely to change BoE rates outlook
Inflation data and wage growth are the key indicators officials will consider, not the GDP data. The MPC is therefore ...
13h
Cameron urges NATO allies to increase defense spending to 2.5% of GDP
European allies have to invest more in defense, setting a target of spending 2.5% of GDP, David Cameron, the UK's Foreign ...
14h
on MSN
UK GDP report to show if economy has escaped recession – business live
Rolling coverage of the latest economic and financial news ...
15h
on MSN
UK GDP expands 0.6% in Q1
The article provides updates on the UK's GDP growth in Q1 2024, highlighting the expansion over the previous year and the ...
2d
on MSN
Thai business group cuts 2024 GDP growth forecast to 2.2%-2.7%
Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow ...
1h
on MSN
Sadiq Khan says government 'gaslighting' British public with GDP growth figures
The Government is “gaslighting the British public” by hailing the fact that the UK economy has grown at the fastest rate in ...
Benzinga.com
10h
UK's GDP Data Outshines Expectations, Sterling Moves Higher While The FTSE 100 Moves Lower, What Is Next?
Although the
GDP
growth number confirmed only a marginal growth of 0.6%, investors are cheering this on the basis that the number is not only positive but also better than the forecast of 0.4%. Now, ...
14h
UK Exits Recession As GDP Grows Better Than Expected In Q1
The UK economy exited a technical recession in the first quarter with the economic output growing better than expected led by a ...
14h
on MSN
UK ONS GDP figures better than expected at 0.6%, but Bank of England ups pressure for rate cuts
The United Kingdom's Office for National Statistics has released sunnier than expected estimates for Q1 GDP growth today.
philstar.com on MSN
1d
Debt-to-GDP ratio remains above int’l threshold at 60.2%
The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the ...
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