Recession

FTSE 100 hits 8,000 points for first time as recession fears ease
The index of largest companies listed on the London Stock Exchange reaches its highest level
Graeme Wearden and Jasper Jolly
15, Feb, 2023 @5:13 PM

UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened
Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps
Graeme Wearden
10, Feb, 2023 @3:17 PM

UK narrowly avoids recession after figures show growth flatlining
Economy contracted in December by 0.5% after expansion of 0.1% and 0.55% in previous two months
Phillip Inman
10, Feb, 2023 @10:03 AM

UK households to suffer £4k blow to finances this year, says report
Country likely to sidestep a protracted recession, but lasting effect of cost-of-living crisis ‘will feel like a recession’
Richard Partington Economics correspondent
08, Feb, 2023 @6:00 AM

Bank of England raises UK interest rates to 4%
Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likely
Phillip Inman
02, Feb, 2023 @4:51 PM

Why is the UK economy doing worse than the rest of the G7?
Factors behind IMF’s latest forecast which shows UK will be only large economy to contract this year
Richard Partington Economics correspondent
31, Jan, 2023 @4:07 PM

Jeremy Hunt to promote low-tax and private sector ‘retooling’ of industry
Chancellor also expected to tell markets that government spending will remain within strict limits
Phillip Inman
26, Jan, 2023 @11:53 PM

Impending UK recession could be twice as bad as anticipated, say analysts
Contrary to other recent economic analysis the business consultancy EY forecasts 0.7% drop in GDP this year
Miles Brignall and agency
23, Jan, 2023 @12:01 AM

A global recession may be looming, but there is a way out of this rut | Larry Elliott
Last century investment, innovation and the fight for equality led to a huge rise in productivity. Policies to encourage those are vital now, says Guardian economics editor Larry Elliott
Larry Elliott
04, Jan, 2023 @2:35 PM

UK pubs and restaurants cut winter hours to weather ‘perfect storm’ in 2023
Some firms cut capacity by 20% to match supply and demand as custom fades, bills rise and government support dwindles
Joe Middleton and Joanna Partridge
03, Jan, 2023 @6:00 AM

Five charts that show the UK’s economic prospects in 2023
Inflation, faltering GDP and rising unemployment are all on the cards for the country this year
Richard Partington Economics correspondent
29, Dec, 2022 @1:03 PM

Bank of England raises interest rates to 3.5% in ninth increase in a year
Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession
Phillip Inman
15, Dec, 2022 @7:00 PM
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