The Chinese economy grew faster than expected in the second quarter, expanding 6.9 percent.
Real household disposable income in the UK is falling at the fastest rate for more than five years, according to data published by the Office for National Statistics (ONS) on Thursday.
Global GDP could be boosted across some of the world’s biggest economies by $2trn by raising employment rates for the over 55s to match Swedish levels — the highest performing European Union country.
The UK’s economy has slowed more than expected in the first months of 2017 according to the Office for National Statistics (ONS).
As it stands, there are five debt-free countries in the world — Macau, the British Virgin Islands, Brunei, Liechtenstein and Palau.
The UK is no longer the fastest-growing major advanced economy following the publication of revised figures from the Office for National Statistics (ONS).
Tokyo pulled further ahead of Russia in terms of nominal gross domestic product (GDP) as the world continues to shift towards city dominance.
The UK economy grew by 0.6 percent in the last three months of 2016, coming in ahead of expectations and wrong-footing expectations that June’s shock vote to quit the European Union would drag on growth.