The UK edges closer to recession as new data shows economy shrinking

The United Kingdom’s economy shrank in the third quarter of this year, according to revised official data ... in the new year,” she wrote in a Friday note. Even if the UK dodges a recession ... Read More

Recession warning: UK economy 'headed for the worst of all worlds' as GDP flatlined in last quarter

The UK economy showed no growth in the third quarter of 2023, according to revised figures from the Office for National Statistics, marking a downgrade from the initial estimate of 0.1 per cent. The ... Read More

UK economy flat-lined in third quarter, in new setback for government

Britain's economy failed to grow during the first three months of Prime Minister Keir Starmer's new government, official figures showed on Monday, adding to signs of a slowdown that has cast a shadow ... Read More

How fast is the UK's economy growing and what is GDP?

In the UK, new GDP ... it means the economy is shrinking - which can be bad news for businesses and workers. If GDP falls for two quarters in a row, that is known as a recession, which can lead ... Read More

UK economy fell into recession after people cut spending

BBC News is keen to hear what questions you have on recession and the economy. You can get in touch by using the form below or by emailing YourQuestions@bbc.co.uk. If you are reading this page and ... Read More

Blow for Rachel Reeves as zero growth puts UK on brink of recession

The poor economic figures come after a forecast from the Confederation of British Industry (CBI) says the private sector expects “steep decline in activity” into 2025. In the findings, released the ... Read More

The economy shrank in the first half of 2022 — but the US isn't even close to entering an actual recession

You're going to start hearing many more people say the US is in a recession ... contractions powered by temporary trends, other data shows the economy still rebounding from the throes of the ... Read More

Britain’s economy forecast to flatline after GDP blow

Britain has been placed “on recession watch” after official figures ... said the GDP figures “confirm that the UK economy stalled badly in the run-up to the Budget”, while Yael Selfin ... Read More