Economy News Uk Economy Went Into Recession Last Year, Data Confirms

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

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

7 Nations Reporting The Highest Fear Of Economic Recession, Data Shows

Economic anxiety has reached fever pitch across the globe as recent surveys and international reports paint a stark picture of widespread recession fears. While the post-pandemic recovery showed ... Read More

UK economy stumbles in run-up to next week's budget

Measures of Britain's businesses, consumers and public finances are all showing signs of deterioration in the run-up to next week's budget when finance minister Rachel Reeves is expected to raise ... Read More

Recession and ‘stagflation’ loom as economic concerns

Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ... 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