Winter recession to be confirmed for UK economy – but experts are upbeat about 2024 February 12, 2024 New figures are likely to confirm that the UK economy fell into a shallow recession in the second half of last year, but experts are hopeful that 2024 will be a better year.
Recession warning flashes after ‘gloomy’ UK manufacturing data August 22, 2023 Recession concerns intensified today after new data showed manufacturing output fell at its fastest pace since September 2020 in July. According to the Confederation of British Industry’s (CBI) industrial trends survey, the balance of factories reporting a rise in output versus a fall slumped to -19 per cent, compared to plus three per cent in [...]
Eurozone avoids a recession – but the full impact of rate hikes is yet to be felt January 30, 2024 The eurozone avoided a recession at the end of last year, but sluggish performances from the bloc's largest economies ensured that growth remained elusive.
UK economy: GDP rebounds in November but still on recession knife-edge January 12, 2024 Whether or not the UK ends up falling into recession at the end of 2023, analysts have turned more optimistic on the economy's prospects over 2024.
Gold tumbles as investor hopes of avoiding a global recession rise August 14, 2023 Gold prices have weakened in the face of a strong US dollar, with investor sentiment shifting away from the precious metal.
Why Deutsche Bank reckons the UK economy will avoid a recession in 2024 January 3, 2024 The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.
Beyonce, Taylor Swift and Barbie help Britain dodge a recession (no, really) December 18, 2023 New data from digital bank Monzo showed Brits splashed the cash on big ticket events and movie spectaculars this year – as well as dipping into their pockets to keep their Netflix subscriptions going.
Eurozone edges nearer to recession while UK economy ‘stalls’ July 24, 2023 The European economy has edged closer to recession, while the UK is on the brink of slipping into negative growth, closely watched surveys out today reveal. A snapshot of the eurozone’s respective economies showed high inflation and the European Central Bank’s (ECB) efforts to tame it with interest rate rises is cooling activity. Hamburg Commercial [...]
Monetarists warn of ‘severe recession’ and risk of deflation as money supply falls November 9, 2023 Monetarists are warning that the UK is facing a "severe recession" as the money supply falls sharply in the face of the Bank of England's interest rate hikes.
This year we’re dreaming of a Bezos Christmas as Amazon defies a recession November 7, 2023 Amazon has managed to defy the sluggish growth of a recession with its vast offering of products, writes Julian Skelly