The economy shrank by a larger than expected 0.3% between October and December, after it had already contracted between July and September. The UK is in recession if it fails to grow for two ...
The British economy faces a "bumpy ride" but will avoid a full blown recession, according the Governor of the Bank of England. Sir Edward George said the Bank will not hesitate to cut interest ...
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
The UK economy officially entered into a recession at the end of 2023, according to data from the Office for National Statistics (ONS). Figures show the economy contracted by 0.3 per cent in the ...
LONDON: The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business ...
(Bloomberg) -- The UK economy grew for a second month in February, adding to evidence that the shallow technical recession at the end of last year is already over and that a recovery is underway.
The gross domestic product (GDP) out on Friday is, as mentioned, expected to be more positive than it has been for a while.
The UK economy grew by 0.1 per cent in February 2024, following a 0.2 per cent rise in January 2024 indicating the UK’s period of technical recession may be short-lived. According to the ONS ...
The revised data shows gross domestic product (GDP) was 0.4% higher in the last three months of 2023 compared to a year earlier. Provisional figures released last month indicated the second ...
A decline in North Sea oil activity and slowing population growth and are among “key challenges” when it comes to Scotland’s ...
Last week, we discussed how Singapore recently mandated all employers to consider employee requests for flexible work ...