[QODLink]
Europe

British shopping spree boosts economy

Despite recent bad weather, local and international shoppers flock to London's famous stores.

Last updated: 26 Dec 2013 20:53
Email Article
Print Article
Share article
Send Feedback

The UK is on track to become Europe's largest economic powerhouse within two decades.

The Centre for Economics and Business Research estimates Britain will overtake France by 2018, and Germany by 2030.

Retail is seen as one of the driving forces for that expansion, and early indications point to Britain having a Boxing Day spending spree.

Al Jazeera's Nazanine Moshiri reports from London.

63

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
Country
City
Organisation
Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
Featured
The new military government has issued warnings that it will soon start to clampdown on immigration offenders.
As Snowden awaits Russian visa renewal, the world mulls role of NSA and expects more revelations from document trove.
A handful of agencies that provide tours to the Democratic People's Republic of Korea say business is growing.
A political power struggle masquerading as religious strife grips Nigeria - with mixed-faith couples paying the price.
The current surge in undocumented child migrants from Central America has galvanized US anti-immigration groups.
join our mailing list