About: http://data.cimple.eu/news-article/546d026d3ee0b125ecd5f756f2f023c295c0d978bc9d4c652ad8b0fa

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/546d026d3ee0b125ecd5f756f2f023c295c0d978bc9d4c652ad8b0fa Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	UK retail sales rebounded 12 percent in May as some shops reopened, having slumped a record 18 percent in April after the country entered coronavirus lockdown, official data showed Friday. The Office for National Statistics (ONS) also revealed that total government debt rose to more than Britain's entire economic output for the first time since 1963, as the Treasury sought to keep millions of workers in their jobs. Friday's figures come a day after the Bank of England said it would provide further cash stimulus worth £100 billion ($126 billion or 112 billion euros) to prop up Britain's coronavirus-hit economy -- on top of the £200 billion already announced. "Retail sales volumes partly rebounded in May... but sales were still down by 13.1 percent on February before the impact of the coronavirus," the ONS said Friday. "Non-food stores provided the largest positive contribution to the monthly growth in May," led by a 42-percent surge in sales across household goods shops. Britain went into lockdown on March 23, but this week the government allowed non-essential shops, such as clothing stores, to reopen. A surge in online shopping during the lockdown also helped retailers to recover in May, but the sector and overall economy remains shattered by the fallout from COVID-19. "Naturally, spending on goods will recover faster than on services, which usually require human contact and remain largely unavailable," noted Samuel Tombs, chief UK economist at Pantheon Macroeconomics. The nation's debt mountain meanwhile grew last month to £1.95 trillion, or 100.9 percent of Britain's gross domestic product. That compared with 97.7 percent in April, with multi billion-pound government help to pay the wages of 9.1 million people tipping the level above 100 percent. Furloughing, which backs up 80 percent of salaries but is set to end in October, is expected to cost about £60 billion, according to government estimates. The ONS on Friday added that the government deficit for the current financial year hit a record £55.2 billion in May. bcp-rfj/rl
schema:headline	UK retail sales rebound after record slump
schema:mentions	Online shopping The Office Office for National Statistics England national football team Government debt Gross domestic product Lockdown United Kingdom Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Pantheon Macroeconomics Economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	64 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software