New data has revealed that while the UK did enter a recession last year, it was slightly less severe than financial experts thought. The Office for National Statistics (ONS) has released revised ...
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 ...
which suggests that the economy is still in a fragile state. It appears that the UK’s ascent out of the mild technical recession of last year is a relatively shallow one. “Although the latest ...
The U.K. economy sank into a recession in the final six months of 2023, marking it out as one of the weakest performers among developed nations, hit by high inflation and interest rates that ...
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal ...
LONDON, March 28 (Reuters) - Britain's economy entered a shallow recession last year, official figures confirmed on Thursday, leaving Prime Minister Rishi Sunak with a challenge to reassure voters ...
Households will have more cash to splash this year after disposable income actually increased in the final quarter of last year despite the fact that the UK was in a recession, new figures show.
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally ...
In a surprising turn, the UK's unemployment rate has climbed to a six-month peak of 4.2%, signalling a cooling labour market.
LONDON (Reuters) - Britain's economy entered a shallow recession last year ... against the dollar and the euro after the data release. UK RECOVERY BEGINS SLOWLY The Bank of England (BoE) has ...
The past two recessions were sparked by shocks to the economy – a housing crisis and a ... particularly any high-interest debt. In a recession, spending should be monitored. Try to avoid ...