Bulletin

Jump in sales fuels hope for growth figures

Jump in sales fuels hope for growth figures

Figures published this week will confirm that the UK economy grew 0.5% in the third quarter as hopes rise that there has been a sharp rise in the last quarter. Strong retail sales last week indicated a pick-up from the third quarter, suggesting that 2015 growth is likely to have been about 2.4% overall. Howard Archer, chief UK economist at IHS Global Insight, said he had forecast GDP growth of 0.6% quarter-on-quarter in the fourth quarter, but the retail sales figures suggest it could be higher.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

Santander’s local Business Banking team recently held a Breakthrough Masterclass at the English Whisky Company, with local East Anglian…

Where Next?