Another Europe News
Retail sales good news for Britain
http://www.euronews.com/ A surprise rise in UK retail sales is boosting recovery hopes there.
The latest statistics show sales grew in July – up 0.3 percent from the previous month and 2.8 percent year on year.
They were also stronger than first thought in June.
That has raised hopes that consumer spending will help lift the UK economy out of the recession it has officially been in since late last year.
If you look at the (retail) trend, it’s been sharply higher for the last year and that’s no accident,” said Alan Clarke, economist at Scotiabank. “Inflation has slumped, there’s 335,000 more people in work and they’re spending it.”
Together with significant upward revisions to second-quarter construction and manufacturing figures, the latest data increased the chance that the originally reported 0.7 percent drop in GDP will be revised up.
“Retail sales do correlate with one of the big services components, so there’s a good chance that all the doom and gloom for Q2 was overdone,” Clarke said.
Most economists expect the economy to grow in the third quarter, after an extra public holiday to mark Queen Elizabeth II’s 60 years on the throne lowered output in the second quarter.
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Another Europe News
Solar generated record 25% of EU power in June with Germany, Spain and Poland leading the race
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Solar was ahead of coal, gas, nuclear, wind and hydropower.
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Latest news bulletin | July 15th, 2026 – Evening
Catch up with the most important stories from around Europe and beyond this July 15th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2026/07/15/latest-news-bulletin-july-15th-2026-evening
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How do Europeans feel about vocational training?
A majority of EU citizens value general education more than vocational training, but 80% agree that the latter leads to in-demand jobs amid perceived skill shortages.
#EuropeInMotion breaks down the latest Eurobarometer findings.
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Latest news bulletin | July 15th, 2026 – Evening
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@Herb615
March 4, 2024 at 11:53 am
glad the UK is getting better.