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...
20 Apr, 2026, 08.34 PM IST
UK economy grows 0.6 per cent between April and June as it recovers from recessionThe UK economy saw a 0.6% GDP increase from April to June, continuing its recovery after a 0.7% rise in the first quarter. This expansion w...
15 Aug, 2024, 05.38 PM IST
Data confirms UK economy went into recession last yearGross domestic product shrank by 0.1% in the third quarter and by 0.3% in the fourth quarter, unchanged from preliminary estimates, the Off...
28 Mar, 2024, 01.32 PM IST
How recession in the UK economy can impact Rishi SunakAmidst challenges faced by Prime Minister Rishi Sunak, Britain experienced an economic downturn in the latter half of 2023, coinciding with...
17 Feb, 2024, 10.56 AM IST
UK economy entered recession in second half of 2023Britain's economy fell into a recession in the second half of 2023, with GDP contracting by a worse-than-expected 0.3% in the three months ...
17 Feb, 2024, 10.54 AM IST
UK retail sales rise by most in nearly three years, suggesting recession will be short-livedIn January, British retail sales surged by a robust 3.4%, surpassing economists' expectations and marking the largest increase since April ...
16 Feb, 2024, 10.30 PM IST
UK economy shrinks, raises risk of recessionIt was the first time since July that GDP had shrunk on a month-by-month basis. Sterling fell by about a third of a cent against the US dol...
13 Dec, 2023, 11.42 PM IST
UK output grows; inflation strongerS&P Global said its purchasing managers' index edged up to 50.1, the highest reading in four months and above the threshold level of 50 div...
23 Nov, 2023, 11.33 PM IST
UK economy shows zero growth in final quarter of 2022British living standards have been hammered by a surge in inflation, which hit a 41-year high of 11.1% in October, and firms and households...
10 Feb, 2023, 12.38 PM IST
UK Chancellor Jeremy Hunt indicates economy to get worse before it gets betterUK chancellor Jeremy Hunt said that the UK economy will get better, but it will worsen before that.
12 Dec, 2022, 06.36 PM IST
UK economy shrinks by 0.2% in Q3 at start of expected long recessionThe Bank of England said last week that Britain's economy was set to go into a two-year recession if interest rates rose as much as investo...
11 Nov, 2022, 02.28 PM IST
Bank of England says UK in recession as it raises interest rates to 14-year highThat's the seventh consecutive increase in Bank Rate in a row, but a smaller rise than many investors had expected, The Guardian reported. ...
22 Sep, 2022, 06.14 PM IST
UK economy closes in on recessionUK gross domestic product dropped 0.1 percent in the April-June period after a rise of 0.8 percent in the first quarter, the Office for Nat...
12 Aug, 2022, 01.08 PM IST
UK government debt exceeds £2 trillion for the first time in JulyTotal accumulated debt hit £2.004 trillion in Jult, the Office for National Statistics (ONS) said in a statement.
21 Aug, 2020, 01.18 PM IST
OECD sees deepest peace-time slump in a centuryUpdating its outlook, the Organisation for Economic Cooperation and Development (OECD) forecast the global economy would contract 6.0% this...
10 Jun, 2020, 01.50 PM IST
- UK springs a surprise, GDP rises better-than-expected 0.8% in Q2
UK’s economy grew at 0.8% in the third quarter, taking analysts and markets by welcome surprise.
27 Oct, 2010, 03.02 AM IST
- UK economy officially on the brink of recession
Britain's economy shrank for the first time in 16 years between July and September, official figures showed on Friday. Survive the credit c...
24 Oct, 2008, 05.45 PM IST