UK economic growth August 2024

Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy grew 0.2% in August on a month-on-month basis, flash figures published by the Office for National Statistics showed Friday.Gross domestic product (GDP) came in line with the expectations of economists polled by Reuters, who had forecast growth of...

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Britain’s finance minister calls for spending discipline but no return to austerity

Rachel Reeves, Chancellor of the Exchequer, speaks to the media ahead of her keynote speech during the Labour Party Conference 2024 at ACC Liverpool on September 23, 2024 in Liverpool, England. Ian Forsyth | Getty Images News | Getty ImagesLiverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday...

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UK economic growth July 2024

Maremagnum | Corbis Documentary | Getty ImagesLONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office for National Statistics showed Wednesday.Gross domestic product (GDP) came in below the expectations of economists polled by Reuters, who had forecast growth of...

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Bavarian Nordic shares pop on earnings beat, bumper mpox vaccine order

A photo shows the company's logo on the headquarters of Danish biotechnology company Bavarian Nordic in Hellerup, north of Copenhagen.Liselotte Sabroe | Afp | Getty ImagesShares of Danish biotech company Bavarian Nordic jumped more than 12% in early deals on Thursday after it reported stronger-than-expected earnings and announced a...

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Philips shares jump 10.5% as second-quarter sales grow despite China weakness

The Philips office building in Warsaw, Poland, on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesShares of Dutch device maker Philips jumped more than 10.5% in early deals Monday after the company reported better-than-expected second-quarter earnings.Shares pared gains slightly to trade up 10.4% by 8:50 a.m. London time.Comparable group...

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UK inflation, May 2024

Shoppers on the high street in the Kingston district of London, U.K.Bloomberg | Bloomberg | Getty ImagesU.K. inflation fell to the Bank of England's target of 2.0% in May, the Office for National Statistics said Wednesday, in the last print of the key economic measure ahead of national elections...

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