Eko Hot Blog reports that the UK economy flatlined in April, according to preliminary data from the Office for National Statistics (ONS). This comes after a 0.4 per cent uptick in March. EDITOR’S PICK Tinubu’s Slip: President Says Fall Was Respect To Democracy (VIDEO) ‘We Achieve Nothing By Gloating’ — Peter Obi Wishes Tinubu Well … Read more
Eko Hot Blog reports that the United Kingdom‘s economy has officially slipped into a recession, with the Gross Domestic Product (GDP) declining by 0.3 percent in December 2023, signalling a downturn across all main sectors. The UK’s Office for National Statistics (ONS) confirmed the contraction, marking a significant moment for the nation’s economic landscape. This … Read more
Britain’s economy, lifted by the country’s post-election political stability, risks fresh turbulence as Prime Minister Boris Johnson seeks tricky Brexit trade deals amid global threats that include the coronavirus. Recent positive British economic data offset weaker figures at the end of 2019, but this is not expected to have a lasting impact despite government promises … Read more