GDP

The long-term care market effectively disappeared in the early 1990s. But is it about to re-open and how should IFAs approach it? Stephanie Spicer reports

The UK economy officially grew by 0.5% in Q1, according to the Office for National Statistics'(ONS) third and final estimate for the period.

US Gross Domestic Product (GDP) increased at an annual rate of 1.9% in Q1 2011, marginally up from its previous estimate of 1.8%.

Douglas Roberts, senior international economist at Standard Life Investments, says party politics may hamper a return to growth in the US.

The Reserve Bank of India (RBI) recently surprised financial markets by raising interest rates by 0.5%, to 7.25%. Not only was the increase double the expectation but the central bank voiced deep concerns about inflationary pressures in India.

The UK economy grew at 0.5% in Q1, in line with previous estimates, according to the Office for National Statistics (ONS).

The economies of the 17 countries in the single currency block grew 0.8% in the first three months of 2011, up from 0.3% in Q4, figures out today reveal.

The CBI has cut its UK growth prediction as squeezed household budgets, weak wage growth and high inflation pour cold water on the recovery.

Hans Hamre, head of global equities at FundQuest believes it is only a matter of time before the economic sun rises over Japan again

US economic growth cooled off in the first quarter of 2011 with GDP growth of 1.8%, down from 3.1% the previous quarter.