BGN Entrepreneur

In January, driven by cut-price clearance activity, the retail sales rose by 0.8%. However, the experts have warned of worse to come.
According to official figures revealed today, as the recession tightened its grip, steep falls in demand for non-food goods sent retail sales plummeting by 1.9% in Febury. According to the Office for National Statistics, [...]

Today, shares across the UK, US and Europe tumbled after it emerged that in the fourth quarter of 2008, the US economy shrank at the fastest rate ever since 1982, which is far worse than the initial estimation of the US Government.
Between October and December last year, GDP declined at an annual rate of 6.2%, [...]