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Economics

  • China’s Q2 GDP below expectations, fuels calls for ongoing stimulus

    July 15, 2024

    China's economy expanded by 4.7 per cent in the second quarter of the year compared to the same period last year.

  • UK receives raft of upgrades after beating expectations again

    July 14, 2024

    Figures out last week showed that the economy grew 0.4 per cent after stagnating in April. This was double the rate of growth expected by experts.

  • Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK

    July 12, 2024

    Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.

  • Why the Bank of England may be wary of a growing UK economic recovery

    July 12, 2024

    Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.

  • FTSE 100 today: London markets set for third consecutive day of gains

    July 12, 2024

    Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.

  • Government plan to get people back into work and tackle economic inactivity announced

    July 11, 2024

    Labour has laid out its first steps to get people back into work as the new government attempts to tackle the worrying rise in economic inactivity.

  • US inflation comes in below expectations as eyes turn to Fed’s next rate decision

    July 11, 2024

    Economists think the Fed is likely to start cutting interest rates in September.

  • UK surpasses India as world’s third-largest venture capital market

    July 11, 2024

    The UK has leapfrogged India to become the world's third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking in recent years.

  • Mark Kleinman: Water sector’s goodwill will evaporate under Labour

    July 11, 2024

    Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City PM column. This week he writes about the new government’s plans for water firms, housebuilders and Schroders The moment has arrived. By the time City PM readers set eyes on today’s newspaper, Ofwat, the water [...]

  • Economy back on track as GDP beats expectations in May

    July 11, 2024

    Labour has said generating economic growth will be a "national mission".

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