UK Economics Correspondent, London
Andy's Feed
Jul 25, 2014
Jul 25, 2014

Britain’s recovery pushes economy past pre-crisis peak

LONDON (Reuters) – Britain’s economy is now bigger than it was before the financial crisis struck six years ago after strong growth in the second quarter that keeps it on track to lead the way among developed countries this year.

The return to its pre-crisis size comes years after other major economies passed the same landmark but will be a relief for the government ahead of a national election in 2015.

Jul 25, 2014
Jul 25, 2014
Jul 24, 2014
Jul 24, 2014
Jul 24, 2014
Jul 24, 2014
Jul 24, 2014

UK retail sales hit 10-year high in second quarter, but stagnate in June

LONDON (Reuters) – British retail sales rose between April and June at the fastest pace for a calendar quarter in 10 years despite stagnating last month, bolstering expectations that the economy has sustained its swift pace of recovery.

Retail sales volumes rose 1.6 percent in the second quarter compared with the previous three months, a latest sign of strength in Britain’s economy which has put a first interest rate hike on the agenda of the Bank of England.

Jul 24, 2014

UK retail sales hit 10-year high in Q2, but stagnate in June

LONDON, July 24 (Reuters) – British retail sales rose
between April and June at the fastest pace for a calendar
quarter in 10 years despite stagnating last month, bolstering
expectations that the economy has sustained its swift pace of
recovery.

Retail sales volumes rose 1.6 percent in the second quarter
compared with the previous three months, a latest sign of
strength in Britain’s economy which has put a first interest
rate hike on the agenda of the Bank of England.