Pound slips to 4.5-month low, UK GDP ticks higher
The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2594, down 0.47%. The pound is down 1.1% this week and fell to 1.2
Source: marketpulse.com
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uk recession: Data confirms UK economy went into recession last year
Gross domestic product shrank by 0.1% in the third quarter and by 0.3% in the fourth quarter, unchanged from preliminary estimates, the Office for National Statistics said on Thursday.
Source: indiatimes.com
Cautious optimism as UK GDP turns positive in January
Experts have expressed cautious optimism over the UK’s return to growth, with monthly GDP up 0.2%, although the three-month figure remains negative
Source: investmentweek.co.uk
GBP/USD loses ground on soft employment report
The British pound has extended its losses on Tuesday. In the European session, GBP/USD is trading at 1.2799, down 0.26%. UK job market slows down The UK l
Source: marketpulse.com
Brexit doom is wrong again: it didn't cause the recession
The usual suspects have been quick to blame Brexit for the news that the UK ended 2023 in recession. Fortunately, the claim that the economy would still be growing if only we had remained in the EU can easily be debunked.
Source: yahoo.com