No, the UK is not Heading for Emerging Market Status
Written by Joshua Roberts, Associate Director at JCRA
Joshua Roberts at JCRA - an independent financial risk advisor - puts the recent decline in Pound Sterling and the UK's heightened political uncertainty into context saying comparing the UK with emerging market economies is misjudged, damaging, and discourteous.
UK Shoppers Rescued Economy from Contraction in Second-quarter, Economists Say
Written by James Skinner
Retail sales figures for the month of June took the financial markets by surprise Thursday when revealing a sharp increase in spending on the high street, giving number-crunchers in the City reasons for cheer as most had feared that the economy contraced in the second-quarter.
Why China's Economy is Doing Better than the Official Data Suggests
Written by Joaquin Monfort
Recent data showed the Chinese economy grew by a slower 6.2% rate in Q2, the slowest rate of growth since 1992, yet the data may not be reflecting an accurate picture of the true state of the economy, says Leland Miller, the CEO of China’s Beige Book.