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UK inflation hits three-year low, fueling rate-cut hopes
Britain's annual inflation rate fell to a three-year low in September, official data showed on Wednesday, fueling speculation that the Bank of England will resume cutting interest rates next month.
UK Inflation Drops to 2%
In May, British annual inflation eased to 2.0% from 2.3% in April, marking a return to the Bank of England's target level for the first time since July 2021. This data, released by the UK's Office for National Statistics (ONS), aligns with expectations from the market, reflecting a diminishing impact of the COVID-19 pandemic and the ongoing conflict in Ukraine.
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UK economy exits recession ahead of election
Britain exited recession with stronger-than-expected growth in the first quarter of 2024, official data showed Friday, in a boost to embattled Prime Minister Rishi Sunak ahead of this year's election.
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UK economy grows 0.2%, sparking hopes of recession exit
Britain's economy rebounded slightly in January, data showed Wednesday, sparking hope of an end to recession in a boost to embattled Prime Minister Rishi Sunak ahead of elections.
Gross domestic product grew 0.2 percent following a slight 0.1-percent decline in December according to a statement from the Office for National Statistics (ONS).
The Incidence of COVID-19 Worldwide increased in June for the First Time in half a year
The number of confirmed coronavirus cases worldwide rose to 17.3 million in June, up about 15% from May. In Latin America, Western Europe and Asia, a sharp increase in morbidity is reported.
Central Europe’s Returnees – a Mix of the Relieved and the Reluctant
Eva is one of hundreds of thousands of Czechs, Hungarians, Poles and Slovaks who, after moving to the UK in search of a better life, more opportunities, adventure and money when EU membership opened the door in 2004, have decided to return home following the UK's 2016 decision to leave the EU, which officially happened in 2020.