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 ...
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 ...
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 ...
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 data points to a likely expansion of the UK economy in the first quarter. That would mark the end of the technical recession the UK slipped into at the end of 2023, defined by two consecutive ...
April 12 (Reuters) - Britain's tepid economy is on course to exit a shallow recession after output grew ... likely to continue limiting the UK's growth potential," Suren Thiru, economics director ...
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal ...
If the economy expands in the first three months of 2024, the recession can be classed as over, meaning the UK is edging closer towards this goal. "This [data] supports our cautiously optimistic ...
In a surprising turn, the UK's unemployment rate has climbed to a six-month peak of 4.2%, signalling a cooling labour market.
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 ...
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally ...