The latest official data showed the UK economy eked out 0.1% growth in the first quarter.While sanctions following Russia's full-scale invasion of Ukraine in February last year have deprived Western consumers of Moscow's fuel supplies.Bloomberg / Contributor / Getty Images
LONDON — U.K. Finance Minister Jeremy Hunt signaled the nation's inflation remains too high, a day after the Bank of England agreed its 12th consecutive interest rate hike in a bid to combat stubbornly high household prices. "I think we are aware there is still a long way to go. We still have inflation that is too high, growth is still not as high as we would like it to be," he told CNBC's Martin Soong on Friday, hours after the latest official data showed the UK economy eked out 0.1% growth"I think the U.K. is back and those are numbers that no one would have predicted even three months ago.
He defended that U.K. economic performance has been impacted by macro-economic concerns, citing a "once-in-a-century pandemic and an energy price shock that is probably the biggest since the 1970s." The Covid-19 pandemic has led to severe global logistical and production bottlenecks, while sanctions following Russia's full-scale invasion of Ukraine in February last year have deprived Western consumers of Moscow's fuel supplies.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Factbox: Debt-for-nature swaps swell in climate finance responseAt least $12 million a year has been freed up to help Ecuador protect the unique ecosystem of the Galapagos Islands with the sealing of the world's largest-ever 'debt-for-nature' swap.
อ่านเพิ่มเติม »
NFL finance committee has concerns on Josh Harris’s Commanders dealMembers of the NFL’s finance committee raised concerns about Josh Harris’s tentative $6.05 billion deal to purchase the Commanders from Daniel Snyder, slowing momentum of the sale. The eight-owner committee discussed it during a meeting Wednesday.
อ่านเพิ่มเติม »
Kit Harington, Naomi Scott, Jeremy Irons Romance Epic ‘Eternal Return’ to Hit Cannes Market (EXCLUSIVE)“Aladdin” and “Charlie’s Angels” breakout Naomi Scott will star alongside “Game of Thrones” alum Kit Harrington and Oscar winner Jeremy Irons in the epic romance “Eternal Return,” Variety can repor…
อ่านเพิ่มเติม »
PREVIEW China and US debt woes may dominate G7 finance chiefs' talksChina will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's cooperation in solving global debt problems.
อ่านเพิ่มเติม »
NFL finance committee reportedly has reservations about Josh Harris' bid to buy Commanders from Dan SnyderThe NFL's finance committee took its first detailed look at Josh Harris' bid to buy the Washington Commanders on Wednesday and came away with concerns, the Washington Post reports.
อ่านเพิ่มเติม »