UK's bounce back from recession continues as economy grows in second quarter

The Office for National Statistics said gross domestic product increased by 0.6% between April and June, after 0.7% growth in the first quarter The UK's bounce back from recession continued at the ... Read More

UK Retail Sales Bounce Back After Discounts Drive Spending

Economists had expected a 0.6% gain ... with inflation back near the Bank of England’s 2% target and companies hiring at the strongest pace since November. “The UK economy appears to be ... Read More

GBP/USD Extends Gains as Retail Sales Bounce Back

The British pound has extended its gains on Friday ... There was more good news from the UK economy as retail sales rebounded in July by 0.5% m/m, after a revised decline of 0.9% in June, which ... Read More

UK economy grows 0.6% between April and June as it recovers from recession

LONDON (AP) — Official figures show that Britain’s economy continued its recovery from recession at the end of last year, with its GDP increasing by 0.6% between April and June. The second ... Read More

UK service sector growth speeds up as inflation drops to lowest since 2021

The S&P Global UK services PMI survey scored 53.7 in August, up from the 52.5 recorded in July and the highest reading since April. Read More

Scottish economy bounces back strongly as optimism surges

Scottish private sector growth accelerated in July, with the country ranking fifth among the 12 UK nations and regions ... also shows the private sector economy north of the Border last month ... Read More

Japan’s economy bounces back, supporting case for more rate hikes

Private consumption, which accounts for more than half of the economic output, rose 1.0%, compared with forecast for a 0.5% increase and the first gain in five quarters. Private consumption has ... Read More