BBCNEWS World July 6, 2024
i'll try to give you a fascinating snapshot of all the world of business and money. let's start here in the uk, where the economy in the first three months of this year recorded growth ofjust 0.1%. output in consumer facing services fell by 0.8% in march — underscoring the impact of ongoing strikes and the cost of living crisis. hardly booming — but a far cry from the record—breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts — saying the uk will now avoid going into recession. of course, ...