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 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 ...
February growth of 0.1% comes despite construction and retail being hit by wet start to year Britain’s economy has taken a step closer to exiting recession as official figures showed growth ...
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 ...
The UK took another step away from the recession which plagued it at the tail end of last year as gross domestic product grew again in February, the Office for National Statistics said. Gross ...
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 ...
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 ...
The UK's gross domestic product rose by 0.1% in February, confirming that the UK economy has now been expanding for two consecutive months. January’s growth reading, formerly 0.2%, was also ...
A survey of City economists for Refinitiv suggest GDP in February rose by 0.1%, giving the UK its first consecutive months of growth since August to September Figures Friday morning are expected ...
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 ...