Weak US retail sales data was bad news for the economy but good news for markets; strong Purchasing Managers’ Indexes were the opposite. It seems the key driver is that UK stocks are reacting to the ...

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UK economy grew faster than initially estimated in first quarter of 2024

The UK economy grew faster than previously estimated in the first quarter, helped by stronger household spending, according to official data that suggests the next prime minister could benefit from a ...

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Economy grows faster than expected in boost for Sunak

Britain’s economy grew at an even faster pace than first thought at the start of the year, official figures show, in a boost to Rishi Sunak’s election campaign. Gross domestic product (GDP) expanded ...

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FTSE 100 LIVE: London up and Europe mixed ahead of US inflation data

The FTSE was up after GDP data showed the UK economy grew 0.7% in the first quarter – higher than previously estimated.

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Pound To US Dollar End-of-Week Outlook: GBP/USD Rate Firms Following US GDP

The Pound US Dollar (GBP/USD) exchange rate firmed on Thursday following the publication of the finalised US GDP print for the first quarter of 2024.

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