UK economy shrank by 0.1% in three months to June as recession fears grow
British gross domestic product (GDP) fell by 0.1 per cent in the three months to the end of June, amid ...
Tag: Economy
Fears of US going into recession as economy contracts for second consecutive quarter
The world's largest economy has contracted for a second consecutive quarter, although the downturn is yet to be officially termed ...
Microsoft blames turbulent economy as it misses profit targets
Microsoft missed its profit targets on Tuesday, blaming the turbulent economy.The tech giant reported a fourth-quarter profit of $16.7bn (£13.8bn) ...
Cost of living: Bank of England governor to warn sharper rate hike is ‘not locked in’ as economy slows
The governor of the Bank of England is to warn that the prospect of a sharper increase in Bank rate ...
China’s zero-COVID policy blamed as economy contracts by 2.6% in second quarter
China's zero-COVID policy is being blamed for a return to the red for its economy, with experts warning that recovery ...
UK economy rebounds by 0.5% despite cost-of-living crisis
The UK economy has returned to growth, with a rebound of 0.5 per cent in gross domestic product (GDP) in ...
Pound falls to two-year low as political uncertainty adds to gloomy economy
The pound has fallen to a two-year low as the political landscape adds to uncertainty in an economy already under ...
How new chancellor Nadhim Zahawi could affect the UK’s economy and taxes
It is tempting, given the UK has a new chancellor and given Downing Street is dropping heavy hints about tax ...
Pound slumps to two-year low against dollar as fears for UK economy deepen
The pound has fallen to a two-year low against the dollar as fears grow for the future of Britain's economy ...
Consumer confidence in economy ‘at lowest since pandemic’
Consumer confidence in the economy has hit its lowest point since the start of the pandemic as households feel the ...
‘Rishi Sunak quits: Who is running the crumbling economy right now?’
The UK economy was left rudderless on Tuesday night after Rishi Sunak dramatically resigned from his position as Chancellor of ...
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