UK Economy Faces Challenges as GDP Dips 0.1%, Chancellor Reeves Vows Growth Revival
UK Chancellor Rachel Reeves addresses a 0.1% GDP decline, pledging to boost economic growth through investment in transport, housing, and major projects.
GDP decline News
Dow Jones Climbs 140 Points Despite Q1 GDP Decline and Slow Job Growth
US markets ended higher with the Dow Jones up by 140 points, overcoming early losses from a Q1 GDP decline and slow job growth. A late rally, driven by earnings anticipation, rever...
Oil Prices Plunge Over 4% Amid Fears of Global Economic Slowdown
Oil prices fell more than 4% due to economic uncertainty from US-China trade tensions and a 0.3% drop in US GDP, raising global demand concerns.
Rachel Reeves Declares a Changed World: UK's Bold Steps Towards Economic Revival
Rachel Reeves, UK's Chancellor of the Exchequer, addresses the global changes impacting the UK, announcing significant measures including increased defense spending and economic re...
Mixed European Markets: GDP Dips, Trade Surplus, ECB Rate Cut
European stock exchanges opened mixed on Friday, influenced by UK GDP decline and German trade surplus. The ECB cut interest rates, citing slower economic growth.
UK Economy Faces a Minor Setback: 0.1% GDP Decline in October
The UK's GDP fell by 0.1% in October, with no growth in the services sector, a 0.6% decline in production output, and a 0.4% drop in construction output. Despite this, the economy ...
