Economy of the United Kingdom

Over the first five months of 2015, Serbia posted a surplus of EUR 483 million in agriculture and food trade with the world.

At the same time, imports of these products to the country has increased,

InterContinental Hotels Group said on July 10 it had agreed to sell InterContinental Hong Kong to a consortium of investors for $938 million and may return some of the proceeds to shareholders. 

Barclays Plc said Chief Executive Antony Jenkins was to leave, with its chairman John McFarlane taking over executive duties, after the board decided new leadership was required to take the bank forward. 

It said John McFarlane was ideally qualified to take over until a permanent successor to Jenkins was appointed. 

Already bridging economic relations between Turkey and the United Kingdom for more than 100 years, the activities of the British Chamber of Commerce in Turkey (BCCT) have been gaining further momentum over the past two years, the BCCT said in a written statement on July 7. 

I??l E?rikavuk isil.egrikavuk@hdn.com.tr Turkey is not a country well known for its creativity. If I ask readers of this newspaper to name three aspects of Turkey, most probably anything related to creativity won't make it to the list.

Britain's Whitbread  posted a 4.3 percent rise in first quarter underlying group sales on June 16, helped by strong demand at its budget hotel chain Premier Inn and continued growth in its Costa Coffee business. 

Turkey?s current account deficit rose by $1.58 billion to $4.96 billion in March from the same month of last year, exceeding expectations, according to the balance of payments data released by the Central Bank on May 12.

By Vangelis Mandravelis

OTE telecom is said to be in talks regarding the acquisition of Albanian telecommunications firm Albtelecom, having had a presence in the neighboring country since 2000 through the AMC cell phone company.

Britain's biggest retailer, supermarket group Tesco, announced April 22 that it had plunged massively into the red last year as it took a hit on the value of its property.

The monthly inflation in Bulgaria in March stood at 0.4%, while the annual inflation rate was 0.1%, according to the National Statistical Institute (NSI).

The annual average inflation, measured by consumer price index (CPI) in the period April 2014 - March 2015, as compared to the period April 2013 - March 2014, stood at -0.9%.