Recession

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UK economy shrinks by 0.1% in second quarter as recession looms
ONS says two bank holidays to mark Queen’s jubilee contributed to fall in output in June

Phillip Inman

12, Aug, 2022 @10:29 AM

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If the Murdoch press is so panicked about recession, why did it back austerity and Brexit? | Polly Toynbee
As Truss and Sunak slug it out, rightwing papers are waking up to the looming catastrophe, says Guardian columnist Polly Toynbee

Polly Toynbee

09, Aug, 2022 @9:00 AM

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A third of UK parents cutting back on children’s pocket money
Cost of living crisis has meant the average amount given to children has fallen to lowest level since 2001

Julia Kollewe

07, Aug, 2022 @11:01 PM

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Fading global cooperation will make this crisis worse than the recession of 2008 | Larry Elliott
The global financial crisis brought large economies together but the current crisis comes at a time of deep division

Larry Elliott

07, Aug, 2022 @11:35 AM

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Sales are soaring for Tui but the cost of living crisis could soon bite
Results this week will reveal the tour giant’s post-Covid boom, but what might a deep recession do to holiday bookings?

Julia Kollewe

06, Aug, 2022 @11:05 PM

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Be warned: inflation could take British politics to a very dark place indeed | Jonathan Freedland
If Britain ends up in a recession, public anger will be looking for an outlet, says the Guardian columnist Jonathan Freedland

Jonathan Freedland

05, Aug, 2022 @3:56 PM

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‘The big squeeze’: what the papers say about Bank of England’s recession forecast
Bleak period of recession combined with rises in cost of living dominate the front pages, with plenty of horrifying graphics

Graham Russell

05, Aug, 2022 @1:09 AM

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Bank of England hikes interest rates and says inflation will hit 13%
Base rate raised by 0.5 percentage points to 1.75%, as Bank says inflation will hit 13% in October

Larry Elliott, Phillip Inman and Heather Stewart

04, Aug, 2022 @6:26 PM

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As recession looms, the Bank of England’s independence is under threat
Analysis: The monetary policy committee has been accused of being asleep at the wheel amid cost of living crisis

Larry Elliott Economics editor

04, Aug, 2022 @3:29 PM

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Is Bank of England about to break precedent on interest rates?
Markets expect 0.5 percentage-point rise for first time since independence as inflation rises

Larry Elliott and Phillip Inman

04, Aug, 2022 @4:00 AM

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If recession hits the UK, a base rate rise is the last thing we need
This week’s decision on interest rates will be fraught, but many think Britain is heading the same way as the US

Phillip Inman

31, Jul, 2022 @8:25 AM

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European stock markets tumble on rising fears of recession
Euro slumps to 20-year low against US dollar as jump in natural gas prices intensifies economic strain

Graeme Wearden

05, Jul, 2022 @3:59 PM

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