Economy News Britain At Risk Of Recession As Growth Revised Down

‘Rising’ risk UK economy will fall into negative growth, says Bank’s Taylor

There is a “rising” risk that the UK economy could see a “more forceful downturn” due to higher borrowing costs, a policymaker at the Bank of England has warned. Alan Taylor, a member of the central ... Read More

UK economy returns to growth, but only just, as Reeves plans budget

LONDON, Oct 16 (Reuters) - Britain's economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on Thursday, offering a little bit of relief to finance ... Read More

U.K. Economy Faces Rising Risk Of a 'Hard Landing,' Says BOE's Taylor — Update

There is a small but growing possibility that the U.K. economy is heading for recession, thanks in part to overly high borrowing costs, a Bank of England rate-setter said Tuesday. In a speech at ... Read More

The world economy shrugs off both the trade war and AI fears

SIX MONTHS ago, as President Donald Trump announced a trade war of unprecedented ferocity, firms and investors braced for a slump. Movements in financial markets pointed to a recession. American ... Read More

Government shutdown halts data, stokes risk as economy wobbles, experts say

Federal agencies said they would not release some key data during the shutdown. The government shutdown halted the release of key economic data, choking off the flow of information as some experts ... Read More