Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates? October 26, 2023 The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.
UK to avoid recession despite Bank of England interest rate rises, EY predicts October 16, 2023 The UK will avoid a recession despite the impact of the Bank of England's interest rate hikes, new forecasts from the EY Item Club say.
Recession, rates and growth: Three things today’s GDP figures tell us about the health of the UK economy October 12, 2023 Although the UK economy returned to growth in August, a recession may still be on the cards.
GDP: Strong services sector sees UK economy return to growth in August October 12, 2023 The UK economy matched expectations in August, with GDP edging up 0.2 per cent
Here we go again: IMF predicts UK economy to lag US and EU next year October 10, 2023 The UK is set to be the weakest performing advanced economy in 2024 according to new forecasts from the International Monetary Fund (IMF) as tighter monetary policy slows economic activity.
UK recovery from Covid pandemic stronger than expected, ONS figures show September 29, 2023 The UK economy grew slightly faster in the first quarter of this year than previously expected meaning it is now 1.8 per cent larger than it was pre-pandemic.
Manufacturing downturn continues as firms warn selling prices will creep up September 22, 2023 Output fell in nine out of 17 sub-sectors in the three months to September, with particularly sharp declines in transport equipment, chemicals and paper.
UK set for stubborn inflation and slow growth, OECD warns September 19, 2023 Inflation in the UK will be higher than previously expected next year while growth will be lower, according to cheerful new forecasts from the Organisation for Economic Co-operation and Development (OECD).
The WTF economy: Why latest UK GDP figures only add to the confusion September 13, 2023 Nicholas Hyett, investment analyst at Wealth Club, said the UK's economy was like the "hokey cokey". So what's going on?
‘Recession may have begun’: UK economy craters 0.5 per cent in July September 13, 2023 Data from the Office for National Statistics (ONS) showed that the economy contracted 0.5 per cent in July. Economists had predicted a smaller fall of 0.2 per cent.