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Drop in retail sales also because of consumer worries over high energy bills and mortgages, surveys suggest
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Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession
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Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by summer
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Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by summer
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Bank of England’s Monetary Policy Committee announces its next interest rates decision on Thursday
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Ireland and Austria post biggest declines, while Germany contracts by 0.1% and France grows by 0.1%
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Widely expected decision by European Central Bank follows 10 consecutive hikes in borrowing costs
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‘Faster, cheaper, better’ digital model that helped build business into £5.2bn company has been hit hard by advertising recession
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Unseasonably warm weather and cost of living crisis hit consumer spending in Great Britain
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The Institute for Fiscal Studies says weak economic growth and stubbornly high inflation leave “no room” for unfunded tax cuts or spending increases any time soon
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Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies
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Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.
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Strong spending by consumers has been a linchpin keeping the U.S. economy out of a recession, and Vivid Seats CEO Stan Chia doesn't see demand in his industry falling off
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Abstract. Using a novel regional database covering over 200 elections in several European countries, this paper provides new empirical evidence on the political consequences of fiscal consolidations. To identify exogenous reductions in regional publi ...
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Report says threat of recession looming amid fall in employment, business optimism, and output
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Data comes as central bank seeks to guide the US economy to ‘soft landing’ to avoid a recession
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Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality
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Precession of Earth’s rotation pole means brightest star in Cepheus will one day function as north star
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Some surveys predict recession, but with pay and confidence rising, they may be wrong. That’s the best we, and the PM, can hope for