Rolling coverage of the latest economic and financial news
- Israel has carried out airstrikes on Iran, US officials say
- What we know so far about Israel’s strike on Iran
Shares are dipping in Europe as traders digest events in the Middle East overnight.
In London, the FTSE 100 blue-chip share index is down 38 points or 0.5% at 7838 points.
Despite the softer-than-expected data, retail sales still added almost 0.1 percentage points to real GDP growth in Q1. Moreover, the prospect of interest rate cuts and the boost to real household incomes, from falling inflation and the 2p cut to national insurance in April, suggest the recovery in consumer spending will continue throughout this year.
Continue reading…Rolling coverage of the latest economic and financial newsIsrael has carried out airstrikes on Iran, US officials sayWhat we know so far about Israel’s strike on IranShares are dipping in Europe as traders digest events in the Middle East overnight.In London, the FTSE 100 blue-chip share index is down 38 points or 0.5% at 7838 points.Despite the softer-than-expected data, retail sales still added almost 0.1 percentage points to real GDP growth in Q1. Moreover, the prospect of interest rate cuts and the boost to real household incomes, from falling inflation and the 2p cut to national insurance in April, suggest the recovery in consumer spending will continue throughout this year. Continue reading…
