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Scottish nationalists unlikely to win a majority, poll indicates By Reuters

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Scottish nationalists unlikely to win a majority, poll indicates By Reuters



© Reuters. FILE PHOTO: A council staff member carries a sign during preparations to deliver ballot boxes to polling stations ahead of Scottish parliamentary election held on May 6, at the Royal Mile, Edinburgh, Scotland, Britain, May 4, 2021. REUTERS/Russell Cheyne

LONDON (Reuters) -Scottish nationalists are unlikely to win an outright majority in Thursday’s parliamentary election, a blow to their hopes of demanding an independence referendum that could split apart the United Kingdom, a Savanta Comres/The Scotsman poll indicated.

The Scottish National Party (SNP) wants to win a majority in the devolved parliament to demand another referendum though British Prime Minister Boris Johnson has repeatedly said he will not grant one.

The Savanta Comres/The Scotsman poll indicated that the SNP would fall six seats short of winning an outright majority but that the Green Party, which cooperates with the SNP, could win as many as nine seats.

“If these polling figures play out on Thursday’s vote it’ll likely leave the SNP short of the majority,” said Chris Hopkins, political research director at Savanta ComRes.

Savanta ComRes interviewed 1,001 Scottish adults online between April 30 and May 4.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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China’s Industrial Output Slows in Further Sign of Uneven Economic Recovery By Investing.com

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China’s Industrial Output Slows in Further Sign of Uneven Economic Recovery By Investing.com



© Reuters.

By Gina Lee

Investing.com – Chinese continued to improve in April but retail sales missed forecasts, in an indication of a lag in consumer spending.

Data from the National Bureau of Statistics (NBS) released earlier in the day said that growth was 9.8% year-on-year in April, which matched the forecast prepared Investing.com but was lower than March’s 14.1%.

Meanwhile, increased 17.7% in April year-on-year, below both the 24.9% growth in forecasts prepared by Investing.com and March’s 34.2% growth.

“We did see that retail sales continued to disappoint,” Jian Chang, chief China economist at Barclays (LON:) Plc told Bloomberg.

The drop is consistent with data over the week-long public holiday at the beginning of the month, which indicated people’s willingness to travel has recovered to pre-COVID-19 levels but actual spending was still lagging, she added.

Industrial output in China continued to improve as stimulus measures and accelerating vaccination rates boosted a global demand. However, the growth slowed in April due to supply shortage, rising raw material prices, as well as a push cut output to lower pollution in sections like steel and coal.

China’s economy continued to improve in April but new problems are emerging, the NBS said in a statement alongside the data.

Top Chinese leaders have recently described the recovery as “unbalanced and unstable,” and pledged further efforts to boost domestic demand.

There is still a gap between actual and potential growth, indicating the economic recovery from COVID-19 still has a long way to go, NBS vice head Sheng Laiyun said earlier in the month.

The Chinese Communist Party’s Politburo warned in a meeting in April that China’s economic recovery was uneven and that its foundation was not yet solid. It also added that the government will promote manufacturing and private investment to recover as quickly as possible.

However, the party also pledged to gradually slow down the monetary and fiscal stimulus measures rolled out in 2020 during COVID-19, but with no sharp turn in policy.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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