The Latest Breaking News from GDP

Pandemic and economic uncertainty caused by Brexit have added to pressures on businesses, insolvency expert says

Five states, including California and Texas, contribute about 41% of US GDP.

After a long day of cajoling fellow MPs, Tory leadership candidates may have been cheered by some unexpected economic good news. GDP rose by 0.5 per cent in May, raising the prospect that the UK can avoid a recession.

GDP rose by 0.5% in May after revised 0.2% decline for April, says ONS

Increase in output was bigger than expected in the City

Stocks fall after US inflation jumps to 9.1%, as UK economy grows faster than expected by 0.5% in May

As many economists are cutting down GDP forecasts for the second quarter, market uncertainties are expected to increase. Therefore, one could consider investing in stocks showing resiliency and trading at high volumes. Clovis Oncology (CLVS), Advanced Micro Devices (AMD), Roblox (RBLX), Ford Motor (F), and Marathon Digital (MARA) have been…

The Transport Secretary’s Tory rival Rishi Sunak is preparing to launch his bid for No 10 with a pledge to cut taxes.

The Tory leadership hopeful said cuts to the Army are ‘unthinkable’ as he promised to cancel them in the face of Russian aggression.