The UK economy returned to growth in January with GDP up 0.2 per cent for the month, having fallen into recession in the final quarter of 2023, according to fresh data from the Office for National Statistics.
The FTSE 100 is down 0.1 per cent in afternoon trading. Among the companies with reports and trading updates today are Metro Bank, The Gym Group, Balfour Beatty and Victoria. Read
The FTSE 100 is up 0.1 per cent in early trading. Among the companies with reports and trading updates today are Close Brothers, Jet2, GSK, MJ Gleeson, Lloyds and Home REIT. Read the Thursday 15 February Business Live blog below.
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The British economy shrank by 0.3 per cent in October, missing economist forecasts of flat growth for the month, fresh data from the Office for National Statistics shows.
The FTSE 100 is up 0.3 per cent in afternoon trading. Among the companies with reports and trading updates today are Entain, Workspace, Springfield Properties and Newbury Racecourse. Read the Wednesday 13 December Business Live blog below.
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The British economy stalled in the third quarter, registering flat gross domestic product growth between July and September, but surpassing expectations of a 0.1 per cent dip, fresh data from the Office for National Statistics shows.
The FTSE 100 closed down 95.12 points at 7360.55. Among the companies with reports and trading updates today are Diageo, Redrow, Chemring and Warpaint. Read the Friday 10 November Business Live blog
The eurozone registered 0.3 percent GDP growth from March through June, preliminary data published Monday by Eurostat shows.
It’s a positive sign following two quarters of negative growth last winter, raising hopes the single-currency area can avoid a yearlong recession, but growth remains anemic.
“After stagnation at the start of the year, growth is likely to remain subdued,” EU Economy Commissioner Paolo Gentiloni said last week, adding the EU executive will likely revise its growth forecast downward in September.
Output
Last October, the Wall Street Journal published a survey of more than sixty economic forecasters from universities, businesses, and Wall Street. Citing the results of the survey, the Journal reported that the United States was “forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring down persistently high inflation, the economy contracts and employers cut jobs in response.” The story went on to say that the economists surveyed expected inflation-adjusted G.D.P. “to contract
Congress is pushing, while the Fed is pulling.
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