Articles tagged with: GDP
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Figures showing a greater than expected decline in UK economic growth over the last quarter of 2010 are minor and not likely to be indicative of the health of the UK recovery.
The UK economy was reported to have shrunk by 0.5% in the final quarter of last year, until revised figures were published showing a 0.6% dip – thought by many analysts to have been prompted by sluggish retail sales and severe weather conditions in the run up to the traditionally busy Christmas shopping period.
However, with other sectors of the …
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FTSE 100 bounces back, despite plunging in the morning more that 1% on the GDP data from the Office for National Statistics.
It was a bumpy but upwards ride on the stock market today and day traders had another great day of volatility.
Are there any positives to take from today’s markets performances? The answer is more complicated that just a simple Yes or No as FTSE100 companies make most of their money abroad and with the rise of consumer confidence in the US it is no …