Economy News Uk Economy Falls Into Recession, Adding To Sunak S Election Challenge
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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
‘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
OECD says UK economy to flat-line in 2023, urges more support
Britain's economy will stagnate in 2023 in the face of high inflation, lagging behind its peers, and the government should consider easing up on tax increases or spending more, the Organisation for ... Read More
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