Wednesday 1 May 2024
 
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UK economy

Further volatility ahead but UK economy strong, says Osborne

Finance minister George Osborne said Britain's vote to leave the European Union was likely to lead to further volatility on financial markets but said the world's fifth-biggest economy would cope with the challenge ahead.

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UK boost as economy sets pace

Britain's economy expanded at the fastest rate last year since before the financial crisis but growth dipped in the final quarter of 2013, official data showed yesterday. Gross domestic product expanded by 1.9 per cent in 2013

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UK economy 'may contract in 2011'

Britain's economy could suffer  another period of contraction in 2011, the Bank of England's  executive director for markets Paul Fisher said in a newspaper  interview on Thursday. "It's not impossible that we would see a qu

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