$CityDev(C09.SG)$ The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed on Thursday, with the British pound jumping to a four-month high against the U.S. dollar after the announcement. Gross domestic product came in above the 0.2% monthly expansion forecast by a Reuters poll of economists. The British economy exited a shallow recession in the first quarter of the year, then flatlined in April. The nation’s dominant services sector showed c...
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Deep SeaOP :
This is good news for city dev with businesses in UK. Sterling is up.
Deep SeaOP : This is good news for city dev with businesses in UK. Sterling is up.