Economy News Britain At Risk Of Recession As Growth Revised Down

The countries most at risk of recession in 2026

These include France (0.9 percent), Germany 0.9 (percent) and Italy (0.8 percent), but forecasts for the eurozone are sluggish as the block battles elevated debt levels, trade policy uncertainties as ... Read More

Rachel Reeves under fire as 'spectre of recession' looms with growth to fall in 2026

The UK economy is losing momentum after official figures showed growth was weaker than first thought, raising the "spectre of recession". Economists warn the slowdown could intensify next year, with ... Read More

UK consumers feel the pinch from tax increases as economy slows

British households saved less in the July-to-September period of this year as they felt the hit from higher taxes but still increased their spending, according to official data which confirmed a ... Read More

UK Growth Revised Down In Second Quarter

Britain's economy expanded less than initially estimated in the second quarter, according to revised official data released Monday, dealing a fresh setback to the Labour government. Read More

UK growth slowdown sparks recession fears ahead of Budget

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Is the UK headed for recession?

The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. Two days after the unemployment numbers, it was revealed that GDP grew ... Read More

No Recession Risk for US Economy as a Whole After $11 Billion Shutdown Hit, Bessent Says

WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth ... Read More

5 Forces Sinking Stocks: AI Capex, Fed Doubts, Recession Risk

Forbes contributors publish independent expert analyses and insights. I write about investing, markets and Berkshire Hathaway. While the US government has reopened, economic releases are still delayed ... Read More

Bessent: No recession risk for U.S. economy after shutdown

Bessent told NBC’s “Meet the Press” program that parts of the U.S. economy that are sensitive to interest rates, including housing, had been in recession, but he did not see the entire economy at risk ... Read More