Soaring energy prices have pushed Germany into recession while Britain has escaped one, upending the forecasts made by ...
Mike Lynch, founder of UK software group Autonomy ... three months of last year but means at least that the economy has (just) avoided recession. GDP is still 0.5 per cent below pre-pandemic ...
Brexit was a “historic economic error” which has helped fuel high inflation in the UK, the former US Treasury chief Larry ...
There is a recession when the economy shrinks for two consecutive quarters. But according to the ONS' first quarterly estimate, the British economy did not grow or contract during the last three ...
even if it ends up pushing the UK into a recession. However, the UK economy is looking healthier than expected and is now forecast to grow by 0.4% in 2023, according to the think tank, the ...
A top Square Mile economist has warned that further rate hikes and the increasing price of government debt means the UK will ...
The UK’s economy saw weak growth in the first three ... three months to March means we have narrowly avoided a technical recession. “Regardless, we are still seeing lots of optimism.
The IMF now thinks the British economy will grow by 0.4% this year, up from its previous prediction of a 0.3% decline. The ...
The ONS said Britain's economy remained 0.5% smaller than ... grow by 0.25% in 2023 - a weak expansion but one which avoids a recession - having previously predicted a contraction of 0.5%.
The Scottish government faces a £1bn shortfall for day-to-day spending next year, according to its finance watchdog. The ...
There is a recession when the economy shrinks for two consecutive quarters. But according to the ONS' first quarterly estimate, the British economy did not grow or contract during the last three ...
The UK’s economy saw weak growth in the first three ... three months to March means we have narrowly avoided a technical recession. “Regardless, we are still seeing lots of optimism.