Uk Economy
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THE TAKEAWAY: UK GDP for Q1 Revised Lower to -0.3% from -0.2% -> New pressures for BoE to raise stimulus -> Cable briefly drops The UK economy shrank more in the first quarter than was initially estimated last month. Data released today ...
May 24, 2012 at 09:38 | Source: DailyFx
"Our euro area economists have highlighted the possibility of a circa 4pc decline in euro area GDP in the event of a Greek exit. Even with a moderate degree of fiscal loosening, we think that could threaten a circa 2pc decline in UK GDP," warned a report ...
May 25, 2012 at 12:00 | Source: Daily Telegraph
Uncertainty in the eurozone will continue for the next few years, acting as a drag on the UK economy, Bank of England policy maker Spencer Dale was quoted as saying yesterday. Despite not being a member of the single currency bloc, Britain depends on the ...
May 28, 2012 at 00:51 | Source: Irish Examiner
LONDON -(Dow Jones)- The U.K. economy will likely return to growth in the second half of the year with recovery threatened by a possible global slowdown, the Organisation for Economic Co-operation and Development said Tuesday. The Paris-based ...
May 22, 2012 at 08:07 | Source: NASDAQ
BERLIN May 24 (Reuters) - British Deputy Prime Minister Nick Clegg said on Thursday that data showing Britain's economy shrank more than expected in the first quarter underlined the need to accelerate efforts to free up investment and credit.
May 24, 2012 at 16:19 | Source: Reuters
The economy shrank more than first thought between January and March, after the deepest fall in construction output in three years, while government spending made the biggest contribution to growth, official data showed on Thursday. Britain is ...
May 24, 2012 at 08:55 | Source: International Business Times
LONDON (Reuters) - Uncertainty in the euro zone will continue for the next few years, acting as a drag on the UK economy, Bank of England policy maker Spencer Dale was quoted as saying in a newspaper on Sunday. Britain is not a member of the ...
May 28, 2012 at 06:13 | Source: Reuters UK
The high-profile entrepreneur said the UK's huge borrowing was a "serious risk" to the UK economy and action could not be put off. Speaking to the Evening Standard he said: "The next government, whatever party that is, must set out a plan to reduce the ...
May 27, 2012 at 06:14 | Source: The Independent
In the end, I guess you just take from the latest IMF assessment of the UK economy what you want to read into it. George Osborne, the UK Chancellor, seemed as pleased as punch about it when he introduced Christine Lagarde, IMF managing director ...
May 22, 2012 at 16:07 | Source: Daily Telegraph Blogs
THE UK economy shrank more than expected in the first three months of the year, newly revised figures have shown, piling pressure on Chancellor George Osborne to come up with a “Plan B”. Britain’s economy slowed by 0.3 per cent in the first quarter ...
May 24, 2012 at 09:10 | Source: scotsman.com