Friday, October 11, 2024
10.6 C
London

Economic growth in Britain strengthens the position of the Labor government

Economic growth in Britain strengthens the position of the Labor government

According to the Office for National Statistics, it has grown gross domestic product By 0.2 percent last August, compared to July, when the GDP recorded zero growth.

It was high Economic growth In line with analysts’ expectations after the gross domestic product recorded zero growth in June and July, according to Agence France-Presse.

This growth also provides a timely boost to the new government in Britain Which placed increasing growth at the top of its list of priorities.

She said Minister of Finance Rachel Reeves, who will present the budget on October 30, said: “It is welcome news that growth has returned to the economy.”

The government won Pt Prime Minister Keir Starmer took power at the beginning of July, ending 14 years of Conservative rule.

ONS director of economic statistics Liz McKeown said all major sectors of the economy grew in August, “but the broader picture is slower growth in recent months than in the first half of the year.”



Source link

Hot this week

Putin: Relations with Iran are a “priority” for Russia

He reported Putin “Relations with Iran are a...

JP Morgan’s profits exceed expectations during the third quarter

The bank's revenues recorded $43.32 billion during the...

Von der Leyen: Tripartite dinner a positive development

Next week’s informal dinner to be attended by...

‘Emotional train wreck’: Filming of Swissair Flight 111 movie hits close to home

Kris Holden-Ried, clad in a dark pea coat...

Hurricane Milton: Florida residents repair homes, clean up after storm – National

Florida residents repaired damage from Hurricane Milton and...

Topics

Putin: Relations with Iran are a “priority” for Russia

He reported Putin “Relations with Iran are a...

JP Morgan’s profits exceed expectations during the third quarter

The bank's revenues recorded $43.32 billion during the...

Von der Leyen: Tripartite dinner a positive development

Next week’s informal dinner to be attended by...

Hurricane Milton: Florida residents repair homes, clean up after storm – National

Florida residents repaired damage from Hurricane Milton and...

Illegal bird trapping in Cyprus soars 90%, conservationists warn

Conservationists have raised alarms over a 90 per...

Von der Leyen: Cyprus has made good progress in returning migrants

Cyprus has “made good progress” in its efforts...

A fire broke out on board an oil tanker off the coast of Germany

The German Maritime Search and Rescue Service stated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img