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....Unpopulism was touted as the antidote to the supposedly failed policies of the postwar era. It promised higher growth rates, higher investment rates, higher productivity rates and a trickle down of income from rich to poor. ... [Read full article on Guardian ]
Sunday 26th of March 2017 01:23:10 PM
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....4bn in February, at a slower rate than January’s £1. 6bn rise, but the annual growth rate was unchanged at 10. ... [Read full article on Guardian ]
Wednesday 29th of March 2017 12:07:32 PM
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Latest Finance News related to Growth Rate

Mortgage approvals fall as UK consumers rely on credit to keep spending image
Source : Guardian [Read Article] Wednesday 29th of March 2017 12:07:32 PM
....4bn in February, at a slower rate than January’s £1. 6bn rise, but the annual growth rate was unchanged at 10. ...
Populism is the result of global economic failure image
Source : Guardian [Read Article] Sunday 26th of March 2017 01:23:10 PM
....Unpopulism was touted as the antidote to the supposedly failed policies of the postwar era. It promised higher growth rates, higher investment rates, higher productivity rates and a trickle down of income from rich to poor. ...
Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott image
....72. Markets have become increasingly impatient with the new Trump administration for failing to follow through on pledges to use a package of tax cuts and infrastructure spending to raise the US growth rate. ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
.... . "In the medium term, despite growing economic, geopolitical and monetary uncertainties around the world, the group confirms an ambitious target of growth rate for revenue at constant exchange rates," it added. ...
Plans for coal-fired power plants drop by almost half in 2016 image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:44:04 AM
...."In India's case, it's simply not true that renewables are displacing coal. The International Energy Agency has said that India's coal demand will see the biggest growth over next five years with an annual average growth rate of 5% by 2021. ...
Starting a child pension pot could repay a small fortune at retirement image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:01:00 PM
....Those who start saving for a pension later in life have a harder task ahead as their contributions have less time to compound. Someone who started saving in a pension at age 30 would have to contribute £214 a month to save £284,316, assuming the same growth rate. ...
Governments must keep reforming to win back voters' trust, says OECD image
Source : Guardian [Read Article] Friday 17th of March 2017 02:40:37 PM
....“Governments cannot afford to let up on reform if they want to escape the low-growth trap many of them are facing and to ensure that the gains of economic growth benefit the vast majority of citizens,” the Going for Growth report says. It draws a strong link between that slow growth and lack of progress on reforms, noting that over the past two years, global growth has remained flat at about 3%, below the average growth rate of nearly 4% over the previous 10 years. ...
Rents fall for first time in six years image
Source : BBC [Read Article] Monday 13th of March 2017 09:20:45 AM
....Everywhere else rental levels continued to rise. "Rents are growing in most of the country but falls in London and the south east are dragging down the national growth rate, " said Countrywide's research director Johnny Morris. ...
Bad news for online advertisers – you’ve been ’ad | John Naughton image
....So here’s version 2. 0 of the Wanamaker problem: the US industry is throwing astonishing amounts of money at online advertising and yet the growth rate of the industry is anaemic and nobody knows how effective online advertising really is. ...
Spotify hits 50 million subscribers image
Source : BBC [Read Article] Friday 3rd of March 2017 01:42:36 PM
.... Netflix added 9. 2 million paying members in the final six months of 2016, a growth rate of 11. ...
Vietnam's 'bikini airline' Vietjet takes off in public listing image
Source : BBC [Read Article] Tuesday 28th of February 2017 09:22:34 AM
....". Aside from its impressive growth rates, the airline is also known for its somewhat controversial PR stunts. ...
World gets thirst for British gin as exports hit record of nearly £500m image
Source : Guardian [Read Article] Friday 24th of February 2017 02:42:43 PM
....Gin exports have risen by 32%, or £114m, over the past five years. The WSTA predicts that 2017 exports will pass £500m within the year at the current “meteoric” growth rate. ...
Trump's Treasury Secretary targets tax reform 'by August' image
Source : BBC [Read Article] Thursday 23rd of February 2017 05:37:58 PM
.... . His pledge to boost growth to 3% falls short of Mr Trump's pre-election promises to achieve growth rates of 4%. ...
Brexit economy: can consumers keep shoring up the UK? image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 10:41:44 AM
....The pressure on household finances bodes ill for the wider economy where consumer spending has been the main driver of relatively robust growth, helping the UK outperform all the other Group of Seven (G7) advanced economies last year. Figures today confirmed that the economy finished 2016 on a strong note, with the GDP growth rate for the fourth quarter nudged up to 0. ...
Weak pound and rising inflation push clothing spend to five-year low image
Source : Guardian [Read Article] Monday 13th of February 2017 12:01:00 AM
....4% in January, according to Visa’s consumer spending index. The year-on-year growth rate was a five-month low, which followed December’s robust 2. ...
'It's a crisis that keeps on hurting' - experts debate Brexit watch data image
Source : Guardian [Read Article] Wednesday 25th of January 2017 11:10:06 AM
....8% in December on a year ago, the biggest jump since September 2011. The rise in prices, which is going to continue, will begin to catch up with the growth rate of wages and overtake it, which means workers’ real spending power will start falling again. ...
Globalisation has made the world a better place | Jim O'Neill image
Source : Guardian [Read Article] Wednesday 18th of January 2017 10:07:59 AM
.... This is quite an achievement for a country that depends so heavily on copper production, and it sets Chile apart from many of its neighbours. Like many other countries, Chile is facing economic challenges, and its growth rate leaves something to be desired; but it also has many promising opportunities beyond its borders. ...
Germany's economy accelerates in 2016 image
Source : BBC [Read Article] Thursday 12th of January 2017 10:50:12 AM
....The 1. 9% figure for 2016 was slightly above expectations, and builds on the growth rate of 1. ...
Aldi reports record Christmas sales image
Source : BBC [Read Article] Monday 9th of January 2017 12:05:48 AM
....Its research, which reflects cash and card spending, showed expenditure rising at an annual rate of 2. 8% in the fourth quarter, the quickest quarterly growth rate since the end of 2014. ...
Good Christmas? M&S set to surprise as retailers reveal festive sales image
Source : Guardian [Read Article] Sunday 8th of January 2017 02:14:45 PM
....5bn for the first 11 months of the year. While established retailers such as M&S and Debenhams struggle to eke out growth – analysts predict underlying sales at constant currency exchange rates will be down 1% at Debenhams – online fashion sites Asos and Boohoo are riding the online boom, with growth rates of 30% and more than 40%, respectively. ...
No one can afford to stop the new consumer credit crisis image
Source : Guardian [Read Article] Sunday 8th of January 2017 07:05:11 AM
....5% in 1988. All this is true, except that using a growth-rate figure from the 1980s is akin to charting electric car production today – the percentage growth rate is accelerating from a low base. ...
UK credit binge approaching levels not seen since 2008 crash image
Source : Guardian [Read Article] Wednesday 4th of January 2017 01:41:55 PM
....The debt charity StepChange said the rise in debt levels would leave thousands of families vulnerable to higher levels of inflation and changes in income from wage cuts, divorce or redundancy. Its head of policy, Peter Tutton, said: “Levels of outstanding borrowing are approaching the 2008 peak, and the growth rate of net lending is at its highest since 2005. ...
Business as usual for UK economy – but where will it go in 2017? image
Source : Guardian [Read Article] Friday 23rd of December 2016 11:30:41 AM
.... That sums up the performance of the UK economy in the first three months after the Brexit referendum in June. In normal times, a quarterly growth rate of 0. ...
US economic growth revised even higher image
Source : BBC [Read Article] Thursday 22nd of December 2016 02:06:48 PM
....The rate of growth in the third quarter was the strongest for two years. The figure outstrips the second-quarter growth rate of 1. ...
UK house price growth will slow to 3% in 2017, say surveyors image
Source : Guardian [Read Article] Wednesday 21st of December 2016 06:30:10 AM
....Although the most bullish housing market forecast for the new year released so far, the Royal Institution of Chartered Surveyors said it expected growth to be about half that in 2016. A year ago, it predicted price rises of 6% and official figures are on track to meet that, with October’s annual growth rate at 6. ...
Uber makes losses despite surge in revenues, reports say image
Source : Guardian [Read Article] Tuesday 20th of December 2016 08:42:50 AM
....8bn in the first. The slowdown in the growth rate of fees comes in the same year that Uber agreed to abandon its Chinese business in exchange for 17. ...
Value of UK housing stock has risen by 7% to £8.17tn, study finds image
Source : Guardian [Read Article] Tuesday 20th of December 2016 07:00:42 AM
....12%. At a local level, Diss was named the “best-performing” town, experiencing a growth rate of 16. ...
Keynesian economics: is it time for the theory to rise from the dead? image
Source : Guardian [Read Article] Sunday 11th of December 2016 12:52:51 PM
.... Monetary policy becomes like the drug soma in my friend Aldous Huxley’s book Brave New World – it calms people down and disguises the fact that something untoward is happening. Keynes is told that ever bigger doses of monetary soma have been necessary to keep the global economy ticking over, with weak investment leading to poor productivity and growth rates well below those seen in the years leading up to the crisis. ...
ECB's quantitative easing programme investing billions in fossil fuels image
Source : Guardian [Read Article] Friday 9th of December 2016 01:36:07 PM
....The European Central Bank’s (ECB) quantitative easing programme is systematically investing billions of euros in the oil, gas and auto industries, according to a new analysis. The ECB has already purchased €46bn (£39bn) of corporate bonds since last June in a bid to boost flagging eurozone growth rates, a figure that some analysts expect to rise to €125bn by next September. ...
Australian GDP: economy shrinks by 0.5% in September quarter image
Source : Guardian [Read Article] Wednesday 7th of December 2016 02:00:59 AM
....If it contracts again in the December quarter, Australia will be in a technical recession – ending 25 years of economic growth. Australia’s annual economic growth rate has now dropped from 3. ...
Demand is weak and investment’s faltering. That’s OK then image
Source : Guardian [Read Article] Sunday 4th of December 2016 07:00:07 AM
.... Could it be that rising inflation will spoil the party? Only a few weeks ago, Theresa May, Philip Hammond and the rest of the cabinet could have been forgiven for worrying about the impact of inflation after most economic forecasters predicted it was about to send shop prices sky-rocketing. And, worse, more of the same is expected next year, with rising prices eating into disposable incomes to more than halve Britain’s GDP growth rate. ...
Daily Mail group refuses to rule out sale of newspaper titles image
Source : Guardian [Read Article] Thursday 1st of December 2016 10:05:25 AM
....Total revenues for the Mail businesses fell by 2% to £577m in the financial year to September, offsetting a 12% fall in print advertising income. Mail Online increased its revenues 19% year on year, to £93m, up on the 16% growth rate in 2015. ...
House price growth lowest for 10 months, says Nationwide image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:55:26 AM
....1% month on month in November, following a 0% change in October, taking the average property value across the UK to £204,947. Despite the slowdown, Robert Gardner, Nationwide’s chief economist, said the latest increase is in line with growth rates seen since early 2015. ...
'Basically a huge tax increase': readers on proposed pension age rise image
Source : Guardian [Read Article] Monday 28th of November 2016 02:30:32 PM
....And we have to pay for Brexit. Europe has been good for British growth rates. ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....4 billion people a key driver for growth, instead of massive government investment and cheap exports. But the transition is proving painful as growth rates sit at 25-year lows and key indicators continue to come in below par, weighing on the global outlook. ...
Machine food image
Source : BBC [Read Article] Friday 25th of November 2016 12:36:28 AM
....And growing vegetables in vertical farms means you can recycle 98% of the water, says Mr Price, and produce food much closer to where people consume it, cutting down on transport costs and emissions. Back outside, drones are monitoring crop growth rates, spotting disease, and even spraying crops with pesticides and herbicides. ...
Philip Hammond defends 'doom and gloom' Brexit forecast image
Source : Guardian [Read Article] Thursday 24th of November 2016 09:38:25 AM
....Hammond said the OBR’s forecasts, a £21bn deficit with public debt expected to peak at more than 90% of GDP, were not only based on the uncertainty linked to the Brexit negotiations but also the election of Donald Trump and his attitude to free-trade agreements with the rest of the world. “There’s uncertainty around the future course of policy in the US, uncertainty about global trade, uncertainty about the growth rate of the Chinese economy,” he said. ...
Brexit uncertainty will hold UK GDP growth back, says OBR image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 07:14:25 PM
.... Those included an assumption that the UK would leave the bloc in April 2019 and that the Brexit process would hit net migration and trade. “We expect the quarterly growth rate of GDP to continue slowing into next year, as uncertainty over the UK’s future trade and migration regime delays business investment and as the fall in the pound squeezes real consumer spending by pushing up inflation,” said Chote. ...
Brexit vote wiped $1.5tn off UK household wealth in 2016, says report image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 07:00:29 AM
....It said a separate study by the investment bank showed the UK’s top 1% richest people continued to own 24% of the nation’s wealth. The findings from the Credit Suisse Research Institute’s seventh annual global wealth report that found the overall growth in global wealth remained flat in 2016, following a trend that emerged in 2013 and contrasting sharply with the double-digit growth rates witnessed before the global financial crisis of 2008. ...
North of England loses 310,000 graduates in 10-year brain drain image
Source : Guardian [Read Article] Saturday 19th of November 2016 09:02:23 PM
....GDP growth is due to fall to about 1. 2% next year as inflation heads towards 3% and wages remain stuck at a growth rate of between 2% and 2. ...
Autumn statement: safeguard public investment, say experts image
Source : Guardian [Read Article] Thursday 17th of November 2016 08:00:31 PM
....Most forecasters believe GDP growth will fall to about 1. 2% as inflation heads towards 3% and wages remain stuck at a growth rate of 2. ...
Tesco makes gains as Aldi and Lidl growth hits five-year low image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:26:45 PM
. Aldi and Lidl have sunk to their slowest growth rate since 2011 as Tesco almost doubled its pace of expansion. ...
Mortgage costs at record low, say lenders image
Source : BBC [Read Article] Tuesday 15th of November 2016 11:49:46 AM
....And swap rates - which were already creeping up - have leapt since Trump's triumph. It's part of a dramatic shift in expectations about interest rates, if the President-elect delivers on his promise to double the growth rate of the US economy. ...
German economy slows in third quarter image
Source : BBC [Read Article] Tuesday 15th of November 2016 08:20:49 AM
....3% in the third quarter, after having stagnated in the second quarter. The slowdown in Germany's growth rate means the country grew more slowly than the eurozone as a whole in the third quarter, with the 19-nation bloc expanding at a rate of 0. ...
Global bonds slump as Trump prompts inflation fears image
Source : Guardian [Read Article] Monday 14th of November 2016 07:41:17 PM
.... At one stage on Monday, the Dow Jones Industrial Average – which measures the value of the top 30 US companies – was up nearly 90 points at a new intra-day high of 18934 points. The president-elect is promising tax cuts for both companies and individuals together with a $550bn boost to infrastructure spending in order to raise the US growth rate from 2. ...
Basic income for all: a 500-year-old idea whose time has come? image
Source : Guardian [Read Article] Thursday 10th of November 2016 11:28:56 PM
....Possibilities of gales of creative destruction are mitigated somewhat by slow growth in the supply of new workers. “One thing that’s happened over the last five years is that the growth rate in supply of workers has shrunk quite rapidly,” notes economist Saul Eslake. ...
What next? image
Source : BBC [Read Article] Wednesday 9th of November 2016 09:12:08 AM
.... If Mr Trump doesn't share that assumption, everyone in the financial markets will have to change theirs. A big part of his pitch to the US electorate has been that he can return the US economy to growth rates that have not been seen in years if not decades. ...
Facebook warns advertising revenue growth will slow image
Source : BBC [Read Article] Wednesday 2nd of November 2016 08:36:10 PM
....Meanwhile Whatsapp, the messaging app Facebook bought for $19bn in early 2014, has been warned by European privacy watchdogs about sharing user data with its parent company. Facebook expected to add fewer adverts and for "ad revenue growth rates [to] come down meaningfully" in 2017, Mr Wehner said on Wednesday. ...
Ad firm WPP warns of 'Brexit anxiety' image
Source : BBC [Read Article] Monday 31st of October 2016 08:06:19 AM
....2% compared with last year, down slightly from the 3. 5% growth rate in the second quarter. ...
US economic growth rate fastest for two years image
Source : BBC [Read Article] Friday 28th of October 2016 01:05:17 PM
....9% is equivalent to a quarter-on-quarter rate of 0. 7%, which is the way that many other countries express their growth rates. ...
Fears over Kit Kat chocolate price hike amid Brexit pound plunge image
Source : Daily Express [Read Article] Friday 21st of October 2016 10:40:00 AM
....Full-year growth forecasts were lowered to 3. 5 percent, while the firm reported an organic growth rate of 3. ...
UK new car sales hit record high for September image
Source : Guardian [Read Article] Wednesday 5th of October 2016 12:45:42 PM
....“Strong year-on-year growth in car sales are becoming ever harder to achieve as they are coming from a high base following extended healthy gains,” Archer said. “There is also the possibility that September’s modest growth rate in car sales could be a sign that consumers are becoming more cautious about making major purchases such as a car due to heightened uncertainty following June’s Brexit vote. ...
Zara owner Inditex sees profit boosted by online expansion image
Source : BBC [Read Article] Wednesday 21st of September 2016 06:13:39 AM
.... . "I expect over the years they may find they don't have to open as many stores to maintain their strong growth rate as the online channel will become increasingly important," he said. ...
Mitie outsourcing group issues profit warning image
Source : BBC [Read Article] Monday 19th of September 2016 08:52:29 AM
....Mitie said its profits would be "materially below" its expectations as a result of challenges it faced. These included lower UK growth rates, changes to labour laws and public sector spending cuts. ...
FTSE 100 ends 1.5% up as mining stocks jump on oil price rise image
Source : BBC [Read Article] Monday 19th of September 2016 08:04:50 AM
....The company said its full-year operating profits were expected to be "materially below" expectations. The company said it was facing "significant economic pressures", which included "lower UK growth rates, changes to labour legislation and further public sector budget constraints, and uncertainty both pre and post the EU referendum". ...
UK first-time buyers hit by steeper rises in starter home prices image
Source : Guardian [Read Article] Sunday 18th of September 2016 11:01:30 PM
....9% over the month, to an average of £630,974. Annual growth rates in the capital continue to be highest in the most affordable areas, with Havering on east London’s border with Essex recording the biggest rise of 11. ...
Clean-living cattle image
Source : BBC [Read Article] Sunday 18th of September 2016 11:00:47 PM
.... . "Depending on the implant, and the age and sex of the animal, implants will improve growth rate from 10% to 20% and decrease the cost of beef production by 5% to 10%," wrote Dan Loy, the center's director. ...
UK interest rates left unchanged at 0.25% image
Source : BBC [Read Article] Thursday 15th of September 2016 11:32:34 AM
....As a result, the Bank is not as gloomy about the short-term state of the economy as it was a month ago. But it said that it still expects the pace of economic activity in the July-September period to have halved from the growth rate recorded earlier in the year. ...
Pension pot savers hit with £2BILLION of unnecessary fees each year image
Source : Daily Express [Read Article] Tuesday 13th of September 2016 03:48:00 PM
....34 per cent the same pot would be worth £56,275 with fees totalling just £2,150, giving them an extra £8,500. Both sets of figures assume the same annual growth rate of 2. ...
India's economic growth rate slowest for two years image
Source : BBC [Read Article] Wednesday 31st of August 2016 01:31:09 PM
....India's economy grew at its slowest pace for two years in the April to June quarter, according to official figures. The growth rate slowed to an annual rate of 7. ...
UK house prices edge up in August, Nationwide says image
Source : Guardian [Read Article] Wednesday 31st of August 2016 07:18:40 AM
.... The Nationwide measure is based only on the lender’s mortgage offers, so it is susceptible to sampling issues, he said. Tombs said the annual growth rate on the Nationwide measure of house prices was not always an accurate guide to the official data. ...

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