Rishi Sunak warned over possible UK recession in 2024
High inflation likely to push interest rates above 5% and force up mortgage and loan payments just ahead of election Hunt will back more rate rises even if they lead … Read More
Tag: recession
Britain’s Treasury chief is prepared for UK economy to slip into recession if it means bringing down inflation
Britain’s Treasury chief said he would be prepared to see the U.K. economy slip back into recession if further interest rate hikes are necessary to bring down inflation. With the … Read More
Should you borrow your home equity before a recession?
If you’ve been considering tapping into your home equity, now may be the right time to do so. Getty Images/iStockphoto The Fed’s recent prediction of an impending recession has many … Read More
UK defies warnings again to avoid recession as GDP figures show growth flatlining
The UK economy showed no growth in the month of February. Daily Express :: City and Business Feed
UK house prices in biggest fall since 2009, but recession avoided – business live
Average UK house prices fell 3.1% in year to March, Nationwide reports, while economy returned to growth in final quarter of last year The UK housing market may remain weak … Read More
UK economy defies Bank of England’s predictions to avoid recession, latest figures show
The Bank of England had previously warned the economy could sink into a recession, but the latest figures show the country has avoided that scenario. Daily Express :: City and … Read More
UK economy grows defying the Bank of England’s recession fears in win for Jeremy Hunt
The news comes as a win for the Chancellor, who will deliver the Spring budget next week on Wednesday, March 15. Daily Express :: City and Business Feed
Britain on precipice of catastrophic recession — how does the situation compare to 2008?
GDP growth figures released by the Office for National Statistics today show the economy flatlined during the last quarter of 2022-avoiding a recession by the slimmest of margins. Daily Express … Read More
Pound ‘outperforms’ euro as UK economy defies doomsters and avoids recession
Economists are warning that the UK still faces a tough road ahead as inflation and interest rates remain high. Daily Express :: City and Business Feed
UK ‘not out the woods yet’, Jeremy Hunt warns, after economy dodges recession – business live
Latest GDP report shows that UK economy flatlined in final quarter of last year, narrowly avoiding technical definition of a recession Full story: UK narrowly avoids recession after figures show … Read More
Boost for Britain as we may avoid recession, says think tank
The National Institute of Economic and Social Research predicts Inflation is set to be slashed by at least half this year. Daily Express :: City and Business Feed