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Byline: Simon Foy, Rachel Millard and Szu Ping Chan THE Governor of the Bank of England has declared that Britain has 'turned a corner' in its fight against inflation but [...]

Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the [...]

Byline: Szu Ping Chan, Chris Price and Daniel Martin THE Treasury will bank an PS11billion windfall from a stronger-than-expected economy and plunging energy prices, economists have said, raising the prospect [...]

Byline: David Bond and Simon English THE World Cup today delivered an unexpected boost for the UK economy, raising hopes that Britain may narrowly avoid sliding into recession. After months [...]

Byline: David Bond and Simon English THE World Cup today delivered an unexpected boost for the UK economy, raising hopes that Britain may narrowly avoid sliding into recession. After months [...]

Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the [...]

Byline: Larry Elliott Economics editor In normal circumstances the fact that the UK economy eked out a bit of growth in November would be of little relevance, especially since the [...]

Byline: Phillip Inman The UK economy unexpectedly grew by 0.1% in November as consumers headed to the shops in the run-up to Christmas and pubs and bars enjoyed a boost [...]

Byline: By, Ashley Cowburn Britain faces one of the worst recessions among its partner countries in the G7 group in 2023, economists have predicted. According to a bleak Financial Times [...]

Byline: Melissa Lawford It was enough to send a chill through any voter. Speaking to Sky News, Jeremy Hunt was asked if he would be comfortable with interest rates reaching [...]

Byline: Ruby Hinchliffe Surprise inflation data has sent bond markets into a tailspin with the British economy now expected to be shrinking by the end of the year. Borrowers had [...]

Byline: Melissa Lawford As Britain grappled with soaring inflation in the wake of the disastrous mini-Budget last year, the Bank of England made an enormously bleak forecast: eight consecutive quarters [...]

Byline: Philip Pilkington Halifax this week released its updated house price index, showing data from March. While this release captured positive headlines with monthly growth of 0.8pc and annual growth [...]

Byline: Szu Ping Chan, Melissa Lawford, Charles Hymas, Home Affairs Editor Britain will avoid falling into recession this year as tumbling energy prices and higher immigration help the economy to [...]

M2 PRESSWIRE-March 13, 2023-: A 'recession like no other': New research shows job seeker confidence higher than during the Financial Crash (C)1994-2023 M2 COMMUNICATIONS RDATE:13032023 Despite forecasts that the UK [...]

Byline: By, Ashley Cowburn Rishi Sunak has claimed to have 'strengthened the economy' after just four weeks in No10 -as Brits face a recession and a historic fall in living [...]

Byline: Eir Nols?e JEREMY HUNT emphasised at least seven times that Britain's recession was caused by external factors during his hour-long speech yesterday. The Chancellor said: 'There may be a [...]

Byline: By, Storm Newton The UK property market is forecast to slump even further in the coming months as a recession looms. New figures have pinpointed the areas of Merseyside [...]

Byline: By, Ashley Cowburn The UK is now in recession, Jeremy Hunt has announced, based on the Office for Budget Responsibility forecasts. The watchdog says GDP is to grow by [...]

Byline: Phil Spencer With the UK economy heading for a recession, and the Bank of England warning that it may prove to be the longest downturn since records began, it's [...]

Byline: Nicholas Cecil and David Bond RISHI SUNAK was warned today that Britain risks being the first country from the G7 group of wealthy nations to slip into recession and [...]

Byline: Nimo Omer Good morning. If the past 12 years have achieved anything, it's the end of 'boom and bust' economics. Now the UK has the reassuring stability of a [...]

The cake is shrinking. The UK is probably in recession and, as the Bank of England predicted the other day, the misery will probably last until 2025, the longest such [...]

The UK is heading for what could be the longest recession on record new figures have confirmed, as Tory tensions over next week's autumn statement erupted in public. Chancellor Jeremy [...]

Byline: By, Dan Bloom The UK economy shrunk by 0.2% in the three months to September, in a move widely expected to be the first step of a major recession. [...]

Byline: By, Dan Bloom & Rafi Mauro-Benady Londoners are bracing themselves for a 'long recession' after The UK economy shrank by 0.2% in the three months to September. Chancellor Jeremy [...]

Byline: By, Beth Ure The UK may have entered what experts say could be the longest recession in a century as official statisticians said the economy shrank by 0.2% between [...]

Byline: Jonathan Prynn and David Bond CHANCELLOR Jeremy Hunt steeled Britain for a wave of tax rises and swingeing spending cuts today as new data showed that the nation was [...]

Byline: Jonathan Prynn and David Bond CHANCELLOR Jeremy Hunt steeled Britain for a wave of tax rises and swingeing spending cuts today as new data showed that the nation was [...]

Byline: Phillip Inman When the minor ups and downs caused by the extra bank holiday for the Queen's funeral are stripped out of the latest GDP figures, it is clear [...]

TEHRAN- The United Kingdom has been warned of a gloomy economic outlook with a recession now a certainty as a consequence of higher energy prices. This is while new figures [...]

Byline: ECONOMICS Simon English and Jonathan Prynn SMALL firms in London, the 'lifeblood' of the capital's economy, will be acutely hit by the UK's plunge into recession, business leaders warned [...]

Byline: By, Beth Ure The Bank of England has today warned that the UK is facing its longest recession since the 1920s. It has also raised interest rates to 3% [...]

Byline: By, Ben Summer First Minister Mark Drakeford has issued a scathing response to Jeremy Hunt's budget statement, in which the new Chancellor overturned almost all the policies announced by [...]

Byline: Tom Rees and Tim Wallace BRITAIN is to be plunged into a deeper recession by Liz Truss's corporation tax about-turn and the mini-Budget market turmoil, economists warned, as the [...]

Byline: Gwyn Topham and Phillip Inman The UK is likely to enter a deeper recession than previously expected next year, while interest rates and inflation will be lower than forecast, [...]

The UK will enter a recession until summer 2023, economists have warned. Britain's economy is expected to shrink around 0.2 per cent each quarter from October through to June next [...]

The UK will enter a recession until summer 2023, economists have warned. Britain's economy is expected to shrink around 0.2 per cent each quarter from October through to June next [...]

Byline: By, Gemma Roper Economists are saying that it is looking more likely that the UK is going to enter a recession at the end of this year. For most [...]

Byline: CORPORATE Michael Hunter FOUR out of five top bosses expect a recession in the next 12 months and half of them are considering cutting jobs, according a new survey. [...]

Byline: By, Levi Winchester The Bank of England has warned the UK is already likely to be in recession, as it continues to raise interest rates to get a hold [...]

Byline: Larry Elliott, Jessica Elgot and Richard Partington The Bank of England has warned Kwasi Kwarteng the economy is in recession and it will most probably need to push interest [...]

Byline: Julia Kollewe block-time published-time 7.24am BST Introduction: British retail sales fall sharply; World Bank warns of global recession Good morning, and welcome to our rolling coverage of business, the [...]

Byline: Tony Diver and Ben Riley-Smith HOUSEHOLD energy bills are to be cut by PS1,000 as part of a sweeping PS200bn intervention by Liz Truss as she pledged to end [...]

Byline: By, Jason Beattie When Liz Truss enters Downing Street, she will be handed a in-tray overflowing with problems. Top of the list is the looming hike in energy bills [...]

Byline: Phillip Inman UK factory production slumped in August at the fastest rate since the early Covid-19 pandemic lockdown month of May 2020 after manufacturers suffered a sharp reversal in [...]

Peterborough: The Institute of Export and International Trade has issued the following press release: The latest raft of economic data has painted a mixed picture for the UK economy, with [...]

Byline: Eir Nolsoe, Szu Ping Chan Business leaders are calling on Chancellor Jeremy Hunt to cut taxes to boost growth, after the UK economy shrank by more than expected in [...]

Byline: PAUL GODFREY Britain's economy flatlined in the fourth quarter, with the gross domestic product showing no change, the government's main statistical agency said Thursday. The performance means the world's [...]

LONDON, February 10, 2023 (Xinhua via COMTEX) -- The United Kingdom's (UK) gross domestic product (GDP) was flat in the three months to December 2022, helping the economy avoid a [...]