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UK RECESSION
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...- Starmer becomes sixth UK PM to quit in less than 10 years. What happens next?UK Prime Minister Keir Starmer has resigned amid growing pressure within the Labour Party, becoming the sixth British prime minister to lea...
- Keir Starmer resigns as UK Prime Minister: What went wrong after Labour's historic victory?In a stunning political upheaval, Keir Starmer has resigned as UK Prime Minister and Labour leader after just two years in power. His decis...
- What stands between Andy Burnham and No. 10 Downing Street?Andy Burnham has won a parliamentary seat. This move fuels speculation about him challenging Keir Starmer for Labour leadership. Several pa...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
- 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...
- Is the UK headed for another recession? Retailers suffer worst sales slump since COVID-19 pandemic fueling fears of worklessness crisisUK is currently headed towards a major dent in its national economy, according to latest reports. Current sales levels are slumping to wors...
- 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...
- 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...
- 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 ...
- UK recession fears mount after Bank of England hikes borrowing rates by more than expectedOn a busy day for central bank action in Europe, the Bank of England said its nine-member Monetary Policy Committee decided to lift its mai...
- 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...
- Bleak UK shopping and borrowing data underscore challenge for new PMData published on Friday added to signs that Britain's economy faces a recession which could be deepened by new finance minister Jeremy Hun...
- Goldman Sachs sees deeper UK recession after tax U-turnGoldman revised its 2023 UK economic output forecast to a 1% contraction from an earlier forecast for a 0.4% output drop, with core inflati...
- 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. ...
- UK recession threat is now almost 50-50 for economistsWhile official estimates currently show the nation is likely to dodge two consecutive quarters of contraction, economists are turning incre...
- Britain is last major nation in recessionBritain remains stuck in a record recession, official data showed on Wednesday, but economists forecast a return to growth before the end o...
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