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recession

  • Once again Starmer addresses the nation – with nothing to say

    Opinion

    The Prime Minister held a press conference yesterday to update us all on the Iran war and to confirm that we’re still not in it. That’s Keir Starmer’s most valued line these days; that this isn’t our war and we’re not involved. However, despite our declared neutrality, Starmer had to concede that “the impact of [...]

    Keir Starmer addressed the nation on the Iran War
  • The UK went into this crisis weak and may emerge from it broken

    Economics

    Keir Starmer may take every opportunity to stress that the UK isn’t involved in the war and wanted nothing to do with it, but our economy is nevertheless entirely at the mercy of events taking place 4,000 miles away. The prospect of a negotiated settlement (at least anytime soon) feels remote and that uncertainty is [...]

    Rachel Reeves and Keir Starmer
  • Middle East war ‘could plunge UK into a recession’

    Economics

    The crisis in the Middle East could plunge the UK into a recession in the worst case scenario where oil prices surge higher over the next two months, analysis has shown.  Oxford Economics research has indicated that a continued surge in oil prices would rattle “parts of the global economy”, with the UK set to [...]

    Damaged oil facility in Iran with smoke and debris following a strike, highlighting impact on energy infrastructure and re...
  • HBO’s Industry shows finance is sexy again

    January 28, 2026

    HBO's finance romp Industry didn't make an impact in 2020. Is its 2026 rise a recession indicator? Matt Kenyon muses.

  • US tariffs war could ‘trigger UK recession’ 

    January 19, 2026

    President Trump’s latest tariff package could plunge the UK economy into a recession, top economists have warned, upping the stakes for Keir Starmer as he responds to threats against Greenland.  The US president warned leading European nations, including the UK, he would slap additional 10 per cent tariffs on goods imports if a deal for [...]

  • ‘Spectre of recession’ looms with growth set to dim in 2026

    December 22, 2025

    The government is facing a critical warning over the looming “spectre of recession” after economic growth stalled in the second half of 2025 and is expected to wane in the new year. On Monday, fresh figures from the Office for National Statistics (ONS) downgraded the economy’s second quarter expansion to a sluggish 0.2 per cent [...]

  • Bank of England’s Taylor: High rates could push UK into recession

    October 14, 2025

    The UK risks heading into a recession that will be “difficult to contain” if interest rates are kept on hold into next year, a Bank of England rate-setter has said in a speech that has further exposed widening splits between policymakers over the best path for borrowing costs. In a set of dovish comments made [...]

  • Recession fears spike after Trump threatens new China tariffs

    October 11, 2025

    President Donald Trump has said he will slap an additional 100 per cent tax on Chinese imports by 1 November or sooner spiking recession fears after global markets tumbled. Taking to his Truth Social platform, Trump cited the export controls placed on rare earths by China as the reason for the fresh levy. The President [...]

  • Watch: Is the UK at risk of recession?

    September 25, 2025

    We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week fired warning shots at the Treasury – and why has one of them warned that we’re heading into a recession? It wasn’t supposed to be like this. [...]

  • Top retail boss warns UK heading into recession

    September 24, 2025

    The boss of AO World has warned that inflation, new red tape around hiring and higher taxes are quickly pushing the UK into a recession. “We’ve lived through a few recessions in the last 25 years – I think we’re heading into another one,” founder and CEO of AO World, John Roberts, told the BBC. [...]

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