recession
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UK only major economy to shrink, warns IMF
Even Russia is expected to grow this year, as the UK contracts by 0.6%
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UK recession ‘will be worst in G7’
A survey of economists paints a bleak picture for 2023
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Third of the world to enter recession this year
IMF chief warns 2023 will be tougher than the past year
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Inflation will fall next year, say investors
But two-thirds say a recession is still on its way
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Economy grew in October, but recession still expected
The Bank of England is expected to raise interest rates to 3.5% this week
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Company insolvencies rise by 38%
An uptick in winding up petitions and high inflation claimed nearly 2,000 businesses last month
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Agents slash forecasts as downturn hits ‘hard and fast’
Cost cuts on the cards for some, while others see disruption as a chance to build out
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UK likely to be in recession
Economic activity contracted at its fastest pace since the pandemic, in third consecutive slump
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Recession will last until summer, EY and Goldman warn
The economy will contract by around 1% as the forecasters downgrade their predictions
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UK has taken another step towards recession, says ONS
GDP fell in August by 0.3%, while earlier months’ growth has been revised down
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Economy ‘teetering on knife edge’ as business output shrinks
BDO and IoD reports indicate economy is contracting
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Attempts to curb inflation could cause global recession, warns World Bank
The World Bank has warned of the cumulative impact of national interest rate rises