Search results for ‘recession’
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‘It is now very likely that the UK economy is facing a significant recession’ – Chancellor Rishi Sunak
Prepare for a recession, that seems the inevitable conclusion after official figures showed output falling at the fastest rate since the depths of the financial crisis more than a decade ago.
Bank of England warns UK faces deepest recession for centuries
The UK is facing the deepest recession not just in living memory but for centuries, the Bank of England has warned
Coronavirus: markets ‘pricing in risk that maybe we’re going to get tipped into global recession’ – FT’s Katie Martin
Markets ‘pricing in risk that maybe we’re going to get tipped into global recession’
Hong Kong in recession after months of anti-China protests
Hong Kong has entered its first recession for a decade after months of anti-China protests and violent clashes. A 70-year-old man has died after being hit by a brick allegedly thrown by protesters. The police say they are treating it as murder. Student activists have barricaded themselves into university campuses and shut down major roads,…
Donald Trump plays down fears of economic recession
President Trump has insisted the US economy is doing “tremendously well”, despite market fears that a recession could be on the way, partly because of a trade war with China started by the President himself.
UK economy shrinks for the first time since 2012 – Chancellor “not expecting” recession
The British economy has shrunk for the first time since 2012. GDP dropped by 0.2 per cent in the second quarter of, a fall blamed on ‘increased volatility’ about Brexit.
1-in-3 chance of recession after Brexit, Bank of England warns
1-in-3 chance of recession after Brexit, Bank of England warns. Meanwhile, the chancellor Sajid Javid announced another £2.1 billion to guard against such a situation.
‘Fog of Brexit increasing recession chance’: Bank of England
“The fog of Brexit is increasing the chances of recession”, the Bank of England governor Mark Carney has warned.
FactCheck Q&A: are we really heading for a DIY recession?
The Treasury have published another doomy report on the economic effects of Brexit. A sobering read, or a dose of propaganda?
Recession linked to rise in suicides in western countries
The recession led to 10,000 suicides in Europe, the US and Canada, 1,000 of them in the UK, according to researchers.
Key questions: Why didn’t the recession curb personal debt?
The national economy might be showing signs of recovery, but personal debt has climbed steadily in the last five years. So why are more and more people are putting Christmas on credit?
Happy anniversary? Recession marks first year for Hollande
The French president marks a year in office with a rare press conference. But with France entering recession and his popularity at an all-time low, it may not be the happiest of anniversaries.
£1m house sales soar to highest rate since recession
House sales over £1m have bucked the national trend and soared to their highest level since the height of the 2007 housing boom, says a new report.
Osborne’s budget: growth slashed but no recession
In his fourth budget, Chancellor George Osborne says growth will be lower than previously forecast, but Britain will avoid a triple-dip recession.