U.K. retail sales were up a bit more than might be expected in a nation that has been hit by a new recession. The Office of National Statistics reported: In ... Read Full Story »
The recession in the United Kingdom deepened in the second quarter. The Office of National Statistics reported: The chained volume measure of GDP decreased by 0.7 per cent in Q2 ... Read Full Story »
A report on UK production for May offered a misleading signal. Data from the Office of National Statistics showed that: Production rose by 1.0 per cent between April 2012 and ... Read Full Story »
A report on UK production for May offered a misleading signal. Data from the Office of National Statistics showed that: Production rose by 1.0 per cent between April 2012 and ... Read Full Story »
Industrial production in the United Kingdom slowed in April, another sign that the economy there has fallen into recession. The Office of National Statistics reported: The seasonally adjusted Index of ... Read Full Story »
Industrial production in the UK fell in April which in another sign that the economy there has fallen into recension. The Office of National Statistics reported: The seasonally adjusted Index ... Read Full Story »
Britain's gross domestic product dropped more than previously forecast in the final quarter of last year. The Office of National Statistics reported the contraction was 0.3% in the fourth quarter of 2011 ... Read Full Story »
So, a recession can be married with a rapid rise in inflation after all. The UK economy, crippled by the effects of austerity and a global economic slowdown, had an annual inflation ... Read Full Story »