The UK economy rebounded at a faster-than-expected pace at the start of the year after the impact of the Omicron variant eased, data released by the Office for National Statistics revealed Friday.Gross domestic product grew 0.8 percent in January, in contrast to the 0.2 percent fall in December. Economists had forecast a marginal growth of 0.2 percent for January. GDP was 0.8 percent above its pre...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.