What’s in store for the UK economy in 2023?

the economy is expected to spiral into a recession, if we are not in one already. Nomura thinks “the UK entered recession in Q3 2022 and [we] see growth contracting until the end of 2023 (by ... Read More

UK economy 'rebounds' out of recession after 0.6% growth in latest quarter

The UK economy ... represents a technical recession – in the back half of 2023. A consensus of economists had predicted a 0.4% improvement for the latest quarter. After the UK economy returned ... Read More

UK economy unexpectedly grew at the end of last year, new figures show

A recession is ... today's figures showing the UK economy grew at the end of 2024. "Did it? I am very shocked that there has been any form of growth," he tells the BBC. "Going into last winter ... Read More

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

When GDP is falling, it means the economy is shrinking - which can be bad news ... UK grew strongly in the first half of 2024, when the economy was rebounding from the brief recession at the end ... Read More

Rachel Reeves ‘has nothing to cheer’ with UK economy on brink of recession, warns expert

Rachel Reeves is "flirting with recession" after figures revealed the UK economy narrowly avoided a contraction at the end of last year ... of just 0.1% as 'good news' and a much-needed 'boost ... Read More

Surprise growth in UK economy at end of 2024

The UK economy unexpectedly ... last year were slightly lower than in 2023 on average. With tax rises coming into force in April, concerns remain that economic growth will remain sluggish for ... Read More

UK narrowly avoids recession as economy grows 0.1%

The UK economy experienced a modest growth in the final three months of 2024, early official figures show, alleviating immediate concerns about a potential recession ... growth in Britain’s economy at ... Read More