Britain on brink of recession after growth revised to zero

Britain is on the brink of a recession after a revision to official figures showed the economy stagnated in the third quarter of the year. Growth from July to September was revised down from 0.1pc to ... 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

What is a recession? UK economy flatlines, with business leaders fearing the worst

What is a recession? UK economy flatlines, with business leaders fearing the worst - British economy did not grow between July and September ... Read More

Recession risk as Britain reels from Reeves’s Budget

Economists have sounded the alarm over a UK recession after data showed Britain’s economy ... down from a rise of 0.1pc in September, which was revised down from a previous estimate of 0.3pc growth. Read More

Rachel Reeves’s bombshell Budget has stifled economic growth: report

Rachel Reeves's bombshell Budget has stifled economic growth and dampened business activity in the UK, a major report warns today. Read More

How the UK's flatlining economy compares to other G7 countries

Julian Jessop, economist, said: “Growth in Q3 has been revised down from 0.1 per cent to zero, taking the UK from joint top of the G7 league table in the first half of the financial year to bottom. Read More

Flatlining growth risks another Reeves tax raid, says IFS chief

Rachel Reeves risks having to launch a fresh tax raid next year after a growth downgrade that left Britain on the brink of recession ... Read More

UK Economy Stagnant In Third Quarter In Fresh Setback

Britain's economy was stagnant in the third quarter, according to revised official data released Monday, dealing a fresh blow to the Labour government. Read More

Britain's economy saw zero growth in the third quarter

An earlier estimate had put GDP growth at 0.1% for the third quarter of the year. The British pound was trading lower against the U.S. dollar on Monday morning. Britain's economy failed to achieve any ... Read More

UK recession risk grows as firms cut staff at a sharp pace

“A recession is looking increasingly likely in the UK,” said ... retail growth in the third quarter is likely to be sluggish, in line with the wider economy,” said Mr Martin Beck, chief ... Read More