The UK’s economy is officially in a recession. Despite Rishi Sunak’s promise to grow the economy in 2023, GDP fell by 0.3% in the three months to December. Coming on the back of a 0.1% drop in 2023’s ...

Four years after the UK exited the European Union and three years after leaving its formal structures (single market and customs union), the British economy is becoming a bit more European. While the ...

Britain’s economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year’s expected election for Prime Minister Rishi Sunak who has promised to boost growth. Gross ...

Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on Wednesday.

LONDON (AP) — The British economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output shrank more than anticipated in the final three ...

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The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. The Office for National Statistics figures, although in some dispute ...

The yield curve disinverted this week, suggesting an economic recession may be near. Historically, yield curve disinversions have preceded every economic recession since 1976. Investors are reacting ...

2:17 Why pizza purchases, hemlines and diaper rash can be signs of a recession The warning bells have been sounding for several months that a recession is imminent due mainly to U.S. President Donald ...