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 ...
LONDON -- The British economy will avoid falling into recession this year, according to upgraded growth forecasts Tuesday from the International Monetary Fund. In its latest assessment of the U.K.
A top Square Mile economist has warned that further rate hikes and the increasing price of government debt means the UK will ...
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 ...
Housing may underperform the market, but mortgage lending will rise (pic: Terry Murden) Banks are expected to increase their ...
The Scottish government faces a £1bn shortfall for day-to-day spending next year, according to its finance watchdog. The ...
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 ...
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.
Banks are expected to increase their lending this year as the UK economy swerves the predicted recession and the housing ...
The German economy only narrowly avoided falling into recession earlier this year, data published yesterday revealed. GDP flat-lined in the three months to March 31 after a 0.5 per cent decline in ...
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.