Economyone year ago
UK economy flatlines as mass strikes chip at growth: Data
The UK economy has failed to grow in February after being hit by the effects of strikes across the public sector and weakness in industrial output.
UK economy
UK recession risk grows with cost-of-living crisis hitting businesses
UK families ‘desperate’ amid sharp rise in food prices
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Economy2 years ago
UK economy to be in ‘protracted’ recession for all of 2023, NGO predicts
The UK economy has already entered a "protracted recession”, which is set to last until the end of next year.
Economy2 years ago
UK economy on brink of recession as it shrinks in August
Britain's economy looks set to go into recession as data showed it unexpectedly shrank in August.
Economy2 years ago
UK tenants hit by rent hike as cost of living crisis deepens
One in seven private renters in England has experienced an increase in their rents in recent weeks, research from housing charity Shelter has shown.
Economy2 years ago
UK ‘already in recession’ as Bank of England raises interest rates
The BoE on Thursday decided to increase the interest rate by 0.5 percentage points.
Economy2 years ago
Goldman Sachs sees UK economy slipping into recession later this year
A leading US-based investment banking company has warned of a huge recession looming over Britain as a result of surging inflation and worsening cost-of-living crisis that has hit Britons hard in recent months.
Economy2 years ago
UK unveils biggest interest hike in 30 years in anticipation of recession
The Bank of England (BoE) is set to raise the interest rates by 0.5 percent, the greatest increase in almost 30 years, as it warns the UK will fall into recession by the end of the year.
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