People shop at a supermarket in London. File/Reuters
British shoppers, home-buyers and employers grew more upbeat last month, as reports of the biggest rise in high-street sales since 2014 and the largest increase in house prices in nearly two years added to signs of a post-election bounce.
According to the Office for National Statistics, the gross domestic product fell after recording 1.2 per cent growth in December
Britain officially entered recession in the second quarter after gross domestic product (GDP) contracted by 2.2 per cent in the first three months of the year. The technical definition of a recession is two quarterly contractions in a row.
Retail sales volumes rose by 0.8% in August, the Office for National Statistics said - slightly above the average 0.7% forecast in a Reuters poll - and, compared with a year earlier, they were up 2.8%, just below forecasts of 3.0% annual growth.
“The Saturday-Sunday weekend sets a great balance in aligning with the UAE's banks and markets with world’s major economies, while the half Friday off helps increase social wellbeing and family ties.
In line with the Health and Wellness Week at Expo 2020 Dubai, the Swiss Pavilion is organising a series of talks, lectures and panel discussions,
Brazilian Pavilion at the Expo 2020 clocked one million visitors since the start of the global event in October, opening up significant opportunities for the country