By David Milliken and William James LONDON (Reuters) – Britain’s economy ... lengthy recession, starting in the first quarter of this year and lasting five quarters. “The UK avoided a ...
The UK economy will narrowly avoid falling into recession, according to research out today. The Ernst & Young Item Club quarterly forecast said that despite a raft of bleak economic indicators ...
The UK economy grew slightly in February increasing hopes it is on its way out of recession. The economy grew by 0.1%, official figures show, boosted by production and manufacturing in areas such ...
Chancellor cheers 0.1% rise in GDP, but IoD fears economy still fragile Bank of England forecasts undermined by out-of-date-methods, report finds UK takes another step on path to exit recession as ...
If the economy expands in the first three months of 2024, the recession can be classed as over, meaning the UK is edging closer towards this goal. "This [data] supports our cautiously optimistic ...
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 UK economy’s rebound from recession appeared to be gathering momentum in March, with a key industry survey showing growth across all three main sectors for the first time in almost two years ...
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until ...
Two quarters in a row of an economy shrinking is typically considered the definition of a technical recession. But the revised figures still came below expectations, as some economists had ...
It was the eurozone’s strongest quarterly growth since the third quarter of 2022, lifted by stronger-than-expected growth in ...