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Government condemns US-British strikes, reiterates support for Gaza
[16 March 2025]
Ibb distributes cement, diesel to support local initiative projects
[16 March 2025]
Hodeida meeting focuses on localizing carton industry
[16 March 2025]
Governor of Hodeidah inspects residential villages in industrial area in preparation for settlement and rehabilitation of workers
[16 March 2025]
American-British Aggression on Sa'ada Governorate
[15 March 2025]
 
  International
Israeli forces storm Al-Janiya village, west of Ramallah
[16 March 2025]
Foreign direct investment in China fell by 20.4 percent in January, February
[16 March 2025]
Britain's Lando Norris takes Pole Position for Formula 1 Australian Grand Prix
[16 March 2025]
Large Palestinian crowds bid farewell to martyr Omar Shtayyeh in Nablus
[15 March 2025]
Gaza Civil Defense transfers bodies of 13 Martyrs from Al-Shifa Medical Complex
[15 March 2025]
 
  Reports
American state terrorism has become established policy: Report
[15 March 2025]
Hajjah Health Office: Intense efforts to improve medical services
[15 March 2025]
Malaria Control Program Efforts to reduce & prevent malaria & dengue spread
[14 March 2025]
Ramadan councils, evenings... comprehensive programs to enhance development, confront dangers of enemies
[13 March 2025]
Khalil's arrest exposes false state of academic freedom in United States
[13 March 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[15 March 2025]
US-Saudi-Emirati crimes on this day in history
[13 March 2025]
US-Saudi-Emirati crimes on this day in history
[12 March 2025]
US-Saudi-Emirati crimes on this day in history
[11 March 2025]
US-Saudi-Emirati crimes on this day in history
[10 March 2025]
  International
UK economy shrinks amid sharp decline in manufacturing
UK economy shrinks amid sharp decline in manufacturing
UK economy shrinks amid sharp decline in manufacturing
[Sat, 15 Mar 2025 22:31:51 +0300]

London - Saba:
Official figures revealed that the UK economy shrank in January amid a sharp decline in the manufacturing sector, and weak oil and gas extraction and construction.

The Office for National Statistics (ONS) said on Friday that the economy shrank by 0.1% during the month, lagging experts' expectations and down from a 0.4% increase in December.

Most economists had expected gross domestic product (GDP) to rise by 0.1% in the first month of the year.

The ONS added that for the three-month period through January, GDP was estimated to have grown by 0.2%, driven by growth in the services sector.

Responding to the British economy's contraction in January, Chancellor Rachel Reeves said: "The world has changed, and we are all feeling the consequences around the world." She added: "That's why we are moving further and faster to protect our country, reform our public services, and unleash economic growth to deliver our transformation plan."

She continued: "That's why we are launching the largest sustained increase in defense spending since the Cold War, radically reshaping the British state to meet the needs of workers and their families, and tackling the obstacles to rebuilding Britain."

For her part, Liz McKeown, director of economic statistics at the Office for National Statistics, said the figures continue to show "weak growth," noting that "January's contraction was driven by a marked slowdown in manufacturing, with weaker months in oil and gas extraction and construction."

She continued: "However, services continued to grow in January, led by a strong month for retail, particularly food stores, as people ate and drank more at home."


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UPDATED ON :Sun, 16 Mar 2025 00:55:35 +0300