UK Economy on the Brink: PMI Data Signals Persistent Contraction

UK Economy Faces Persistent Contraction, Lowest Optimism Since Last Year The latest data from the S&P Global/CIPS Flash UK PMI Composite Output Index reveals ongoing contraction in the UK private ... Read More

UK economy 'turning a corner', says Hunt, after news of recession

British finance minister Jeremy Hunt said on Thursday the economy was turning a corner and that forecasts pointed to stronger growth in the coming years, after data showed Britain's economy had ... Read More

UK recession risk deepens but consumers stay unfazed | Reuters

Britain's economy displayed clear recession signals on Friday, ... UK recession risk deepens but consumers stay unfazed. ... Reuters, the news and media division of Thomson Reuters, ... Read More

UK avoids recession in 2022 by narrowest of margins - CNN

The UK economy flatlined in the last quarter of 2022, meaning that it just managed to avoid falling into a recession. But the outlook for this year is much worse. Gross domestic product (GDP) had ... Read More

UK economy slipped into technical recession at the end of 2023

Economists polled by Reuters had produced a consensus forecast of -0.1% for the October to December period. All three main sectors of the economy contracted in the fourth quarter, with the ONS ... Read More

UK economy's growth points to exit from recession | Reuters

UK GDP rises 0.1% month-on-month in February Data means exit from recession now highly likely Economy still looking broadly flat, output down on a year ago Services and manufacturing drive growth ... Read More

GDP: Economy grew in February increasing hopes UK is out of recession - BBC News

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 ... Read More

UK economy: Shoppers splashing out boosts economy in January

The UK economy picked up in January, raising hopes it could be on its way out of recession. The economy grew by 0.2%, official figures show, boosted by sales in shops and online and more ... Read More

Sterling slides as PMI surveys signal a recession | Reuters

Sterling fell on Tuesday, underperforming all other major currencies, after data showed economic activity weakened further in January, underlining the risk that Britain could slip into a recession ... Read More