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All news on the topic: Recession

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Facts behind Trump and Biden's false claims as they come face-to-face at debate
As Donald Trump and Joe Biden prepare to face off in their first debate of the 2024 campaign, it's worth examining the facts behind their claims
1313
Ex-Post Office boss blamed 'subbies with hand in till' for Horizon shortfalls
Ex-Post Office boss Alan Cook said his 'instincts' told him cash-strapped subpostmasters were stealing from tills as they were struggling due to the recession in an email in 2009
1438
Economy grows again as GDP rises 0.1% showing UK is stepping away from recession
It means the country continued to recover from the recession which plagued it at the tail end of last year
527
Imperial Brands set to reveal profit rise after tobacco price hikes
The JPS and Gauloises cigarette maker said it is 'on track' to meet half-year and full-year financial targets as a result of the price hikes
1503
UK recession last year was slightly less severe than first thought, new data
The economy still shrunk for two quarters in a row, the definition of a recession, but the total contraction over that six-month period dropped from 0.5% to 0.4%
1144
US adds 275,000 jobs as unemployment stays below 4% for 25th month in a row
Job growth in February was higher than January's revised gain of 229,000 job, but the unemployment rate rose slightly to 3.9%
415
British Airways owner expected to show report sales despite economic slowdown
International Airlines Group is expected to report sales totalling just short of 30 billion euros (£25 billion), a record yearly amount for the group
1163
Google searches for 'how to make money fast' and 'side hustle' up by over 850%
This surge happened a day after it was announced that Britain's economy had fallen into a recession
1311
Britishvolt administrators begin talks with possible new buyers for factory site
EY said it is still trying to get money from Recharge Industries, a year after it agreed to buy the site
1481
Experts share exactly how latest recession will compare to horrors of 2008
The UK economy fell into recession at the end of 2023, new figures released this month show, but how does it compare to the Great Recession that devastated the nation in 2008?
524
Bank of England Governor Andrew Bailey says UK's recession is 'very weak'
Bank of England Governor Andrew Bailey has said that inflation does not need to reach 2% before the Bank starts cutting interest rates
1202
Rachel Reeves blasts Jeremy Hunt for hiding from MPs after recession announced
The Shadow Chancellor Rachel Reeves could be overheard asking "where is he?" as the more junior Treasury minister Bim Afolami was sent to field questions in his boss's absence
716
Money worries and mental health: We ask expert what to do if you're struggling
'How much you stress and worry about your finances is actually more important than how much you are financially struggling ...' Here, we ask clinical psychologist Dr Thomas Richardson - an expert on the relationship between financial difficulties and mental health problems - how best to cope in the cost of living crisis
784
'Don't blame Rishi for the recession - it's a Tory technicality'
Spending wisely saves lives, says Fleet Street Fox. Wasting billions on PPE deals with your mates does not.
1113
'Rishi has run out of ideas - with his dismal record we are sliding backwards'
For the Tories to claim this is a 'mild' recession is an insult to people trying to balance their budgets and to small business owners trying to keep their heads above water
1136
Rishi’s promises to kickstart economy in tatters as UK plunges into recession
There are concerns there will be yet more savage cuts to decimated public services - the Office for National Statistics, on Thursday, said the economy shrank by a worse-than-feared 0.3% in the final three months of last year
870
Tories desperately need to make next month’s Budget count by cutting taxes
Trouble dipperWITH wearying predictability, news of Britain slipping into a technical recession was met with glee by the BBC and their Remainer chums.
465
Tories deliver leaflet boasting about economy growing on day recession announced
Justice Secretary Alex Chalk's campaign team delivered election leaflets in Cheltenham claiming there's 'good news' for the economy as Britain slipped into recession
375
Japan's economy is now the world's fourth-largest after it falls behind Germany
The Japanese government reported that the economy shrank at an annual rate of 0.4% from October to December
1101
Recession could be last straw for voters as Tories face general election wipeout
Critics have lashed out over the 'Rishi recession' announced this morning - just hours after a mega-poll showed the Tories could be left with just 80 MPs after the election
731
UK falls into recession - what to do with your money, from savings to pensions
The Office for National Statistics (ONS) today revealed GDP shrank by 0.3% between October and December 2023 - meaning the UK fell into recession at the end of last year
462
Bank of England chief says banks in 'sound health' but share prices a 'puzzle'
Andrew Bailey said the banking system had proved to be more resilient than in the past, but said there was a 'puzzle' over the share prices of major lenders
510
Rishi Sunak insists everything is fine despite warning UK may go into recession
Rishi Sunak claimed the economy has 'turned a corner' as he faces a tricky week which could see official figures confirm the UK went into recession at the end of last year
1404
TUI, Jet2 and Ryanair issue Canary Islands warning amidst soaring hotel prices
Representatives from TUI, Jet2, and Ryanair have urged hotel and holiday let owners on Canary Islands including Tenerife and Lanzarote to keep their prices low
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'Turning point' for UK economy as interest rates set to fall and tax cuts on way
The EY Item Club has upgraded its outlook for UK growth in 2024, to 0.9% from the 0.7% it previously pencilled in last October
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