UK economy at risk of recession despite November growth
Friday, 12 January 2024 The British economy exhibited a marginally stronger growth than anticipated in November, offering a brief respite amid concerns of a looming mild recession. This situation presents a challenge for Prime Minister Rishi Sunak as the nation anticipates an election in 2024. In November, the Gross Domestic Product (GDP) saw a rise of 0.3%, a recovery from the 0.3% decline witnessed in October. This increase slightly surpassed the predictions of economists, who had anticipated a growth of 0.2%.
Global Economy on Track for , Worst 5 Years of Growth , in 3 Decades.
The World Bank recently warned that
the global economy is headed toward its
worst half decade of growth in over 30 years.
CNBC reports that global growth
has been forecast to slow for the
third consecutive year in 2024....
Economists Warn , of Danger Ahead for the , US Economy in 2024.
According to Wells Fargo economists, the possibility of a future recession has not been ruled out for the United States economy...
Credit: Wibbitz Top Stories Duration: 01:31Published
Retail Sales Top Predictions, , Ending 2023 Strong.
Yahoo Finance reports that December's retail sales showed
consumer spending in the United States continues to be
resilient, quelling fears of..
Credit: Wibbitz Top Stories Duration: 01:30Published
Global Economy Headed , for Era of Economic Growth, , Goldman Sachs Economist Predicts.
Business Insider reports that the global economy may be
headed toward an era of new growth, driven by the..
Credit: Wibbitz Top Stories Duration: 01:31Published