FTSE 100 closes near record high despite weak retail sales – business live

Published 3 hours ago
Source: theguardian.com
FTSE 100 closes near record high despite weak retail sales – business live

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Germany’s economic recovery from three years of stagnation will get only a subdued start next year, its central bank has warned.

However, the Bundesbank predicts growth will pick up pace later on the back of higher government spending.

“While progress will be subdued initially, it will then slowly pick up.

“Starting in the second quarter of 2026, economic growth will strengthen markedly, driven mainly by government spending and a resurgence in exports.”

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