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BRITAIN RECESSION
OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
Global bond rout deepens as Iran war drags on and underscores inflation fearsGlobal bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Inves...
Is UK economy on the brink of recession? Growth slows, job market faces biggest hit since pandemic as Iran tensions and energy costs weighUK economy recession warning: Britain's economy is nearing a recession. New forecasts predict difficult times for workers and businesses. R...
IMF cuts eurozone full-year growth forecast to 1.1%The International Monetary Fund on Tuesday cut its growth forecast for the eurozone to 1.1 percent this year due to the "negative impact" o...
Global finance ministers warn of prolonged market impact from Middle East conflictGlobal finance ministers warn the Middle East conflict will continue to impact growth and inflation. Even a lasting peace will not immediat...
- Britain slips into double-dip recession
Britain on Wednesday officially slipped back into recession with its GDP shrinkingfor the second consecutive quarter, putting further press...
- Britain set for exit from record recession
Britain will likely discover on Tuesday that its record recession officially ended in the fourth quarter of 2009 but the country's huge deb...
- Britain: Only top economy still in recession
Eurozone, France, Germany, Japan & US have all emerged from a deep downturn that was sparked by the financial crisis. CEO departures during...
- Britain stuck in recession
Britain remains the last major economy in recession according to official data released on Tuesday, although signs of recovery emerged as t...
- Britain is last major nation in recession
Britain is the last major world power in recession but economists forecast growth return before end of '09. Cope with recession| Debt-ridde...
- Britain is last major nation in recession
Britain remains stuck in a record recession, official data showed on Wednesday, but economists forecast a return to growth before the end o...
- Britain 'on brink' of exiting recession: Business body
Britain is "on the brink" of ending a deep recession after sentiment improved in the third quarter but the economy remains "frail," the Bri...
- British economy at weakest for 30 years
Britain's recession-hit economy is contracting at its sharpest pace in almost three decades amid a the worst global downturn since the 1930...
- Britain set for crunch recession budget
Britain will unveil a recession-fighting budget this week, seen as vital for Prime Minister Gordon Brown as he struggles to boost his flagg...
- Britain in recession, data confirms
Britain is in recession for the first time since 1991 after its economy shrank during the final two quarters of last year as a global finan...
- Britain on the brink of recession
Britain's economy shrank in the third quarter as the global credit squeeze took its toll, according to figures out on Friday.
- Economic downturn 'likely to cause recession' in Britain: PM
Prime Minister Gordon Brown told lawmakers on Wednesday that the global economic downturn was "likely to cause recession" in Britain.