Economy News The Uk Edges Closer To Recession As New Data Shows Economy Shrinking
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How the UK economy has fared since Reeves' first budget
Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on Wednesday. Read More
Is the UK headed for recession?
To count as a recession, the economy has to have “two consecutive three-month quarters in negative territory”, said The Independent ’s chief business commentator James Moore. In the first quarter this ... Read More
Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More
Bessent Says Some ‘Sectors’ Of Economy Are In Recession

Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, blaming the Federal Reserve for not cutting interest rates fast, just one day ... Read More
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