The Bank of England, which has said British inflation is moving towards the point where it can start cutting interest rates, ...
Britain's economy entered a shallow recession last year, official figures confirmed on Thursday, leaving Prime Minister Rishi Sunak with a challenge to reassure voters that the economy is safe with ...
(RTTNews) - Confirming a mild recession in the UK, official data showed that the economy contracted as initially estimated in the fourth quarter. Gross domestic product fell by an unrevised 0.3 ...
The UK is expected to have slipped into recession at the end of last year after a weak December for the country’s economy, official figures are set to show on Thursday. The Office for National ...
It means that the economy entered a technical recession, as defined by two or more quarters in a row of falling GDP. It marks the first time the UK has entered recession since the first half of ...