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 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 ...
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
The British economy faces a "bumpy ride" but will avoid a full blown recession, according the Governor ... We cannot rule out a further slowdown here in the UK," Sir Edward said.
LONDON: The UK economy unexpectedly shrank in the third quarter, raising the possibility that it is already in a recession and fuelling bets on the Bank of England (BoE) pivoting to interest rate ...
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 ...
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 ...
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 ...
Last week, we discussed how Singapore recently mandated all employers to consider employee requests for flexible work ...