Thursday, March 28, 2024

Apps

More
    HomeWorldMarginal Growth Registered in UK Economy after Change in Prime Minister, Avoiding...

    Marginal Growth Registered in UK Economy after Change in Prime Minister, Avoiding Recession

    Related stories

    Barrelakka Gets Married in Nagarkurnool, Lavish Wedding Ceremony Held

    Barrelakka, also known as Sirisha, recently had a grand...

    Siddharth marries Aditirao Hydari in Wanaparthy

    Tollywood actors Siddharth and Aditirao Hydari got married secretly...

    The UK economy registered a growth of 0.1% in the last quarter of 2022, avoiding recession and performing better than earlier estimates, according to data from the Office for National Statistics. The telecommunications, construction, and manufacturing sectors performed better than initially expected, and the government’s energy bill support scheme helped households tide over economic challenges. The services sector was the main driver of the economy, with travel agents and the drugs industry driving manufacturing growth. The Bank of England governor expressed hope regarding the economy, and the central bank increased interest rates to 4.25% from 4% to control rising costs. However, inflation is close to its highest level in 40 years, hitting 10.4% in February.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here