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Added on the 14/11/2019 19:00:26 - Copyright : AFP EN
Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE
People hold banners and wreaths and chant slogans in a protest to mark the ten-year anniversary of the Rana Plaza factory collapse in Bangladesh. More than 1,130 people died in the catastrophe, spotlighting the global fashion industry's reliance on developing world labour working in dangerous and sometimes deadly conditions. IMAGES
Revelers start to gather at Times Square, as they wait for New Year's Eve celebrations to kick off in New York City. IMAGES
UK politicians come and go at 10 Downing Street as new British Prime Minister Rishi Sunak forms his new government. Chancellor Jeremy Hunt is one of the notable arrivals, retained from Sunak's predecessor Liz Truss disastrous government. Sunak's second cabinet appointment was his close ally Dominic Raab as deputy prime minister and justice secretary. IMAGES
The newly-appointed Chancellor of the Exchequer Jeremy Hunt enters 10 Downing Street. Britain's Prime Minister Liz Truss had earlier that day sacked his predecessor, Kwasi Kwarteng, following a disastrous mini-budget which sent British government gilts plummeting, making Kwarteng's tenure as Chancellor the second-shortest in history. IMAGES
Motor Valley Fest - “THE ART OF INNOVATION”, the widespread festival of the Land of Motors of Emilia-Romagna, raises the curtain on the 2022 edition.