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  • UK Risks Longer Recession As Retail, Jobs Data Weigh

    yahoo.com 3 weeks, 1 day ago

    LONDON (Reuters) - Retail sales fell at their fastest rate in more than a year in April and jobs growth slowed, nudging the economy closer to a third quarter of contraction and raising the chance of another cash boost from the central bank. The gloomy figures also threw the spotlight on a government pledge to see through unpopular austerity measures after the two parties in the ruling centre-right coalition performed poorly in local elections, reflecting voters' concerns about rising prices, meagre wage gro

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