Author: Akintayo Adams

Poland’s retail sales have exceeded expectations, thanks to increased gasoline sales and a positive trend in the economy. The surge in sales can be attributed to several factors, including the recovery of real disposable household income, substantial wage growth, and decreasing inflation. It is anticipated that consumer spending will play a pivotal role in driving economic growth in 2024. In September, retail sales demonstrated a surprising upturn, with a mere 0.3% decrease compared to the previous year, contrary to forecasts of a 2.0% YoY decline. This rebound followed a 2.7% YoY decrease the prior month. On a month-on-month basis, seasonally…

In recent by-elections in the UK, the Labour Party, led by Sir Keir Starmer, achieved significant victories in two constituencies. These victories were seen as a historic success for Labour and raised questions about the future of the ruling Conservative Party. The first victory came in Mid Bedfordshire, a constituency where the Conservative Party had held a significant majority of 24,664 votes. Labour’s candidate, Alistair Strathern, secured 13,872 votes, defeating the Conservative candidate Festus Akinbusoye, who received 12,680 votes. This marked the largest majority that Labour has ever overturned in a by-election in modern political history. The victory in Mid…