Rolling coverage of the latest economic and financial news, as Britain posts the weakest GDP figures for the second quarter of 2019Canada beats forecasts with 0.9% growthUK lagged behind major rivals in Q2Mortgage approvals hit two-year highUK house prices flat in August 2.45pm BST The New York stock market has opened higher, following Europe’s lead.The Dow Jones industrial average has gained 114 points, or 0.4%, on optimism that the US and China might make some progress in their ongoing trade dispute. 2.30pm BST Britain’s growth rate looks less disastrous if you take a longer-term view, though.The UK economy grew by 1.2% in Q2 2019 compared to a year earlier, the ONS reported earlier this month. When you look in annual terms, UK GDP growth isn’t at the very bottom of the developed world league table, but it is comfortably in the bottom half pic.twitter.com/7nXTuBZcS7 Continue reading…
Via: UK falls to bottom of G7 growth league – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…