The ONS said borrowing was driven higher by spending on public services and benefits, as well as rising debt interest ...

That outcome was forecast by Bloomberg economists ... The last technical recession in the UK was in the first half of 2020, when the Covid-19 pandemic hit and lockdowns depressed economic activity.

Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the ...

So let’s dive in at the (very) deep end with my predictions for UK plc in 2025. I expect the Office for National Statistics will this year confirm that Britain has experienced a recession.

Fears of a recession are growing as business chiefs warned they will be forced to ramp up job cuts as Rachel Reeves’s tax ...

In December 2024, the influential think tank the Organisation for Economic Co-operation and Development (OECD) cut its growth forecast ... 2020, the Covid pandemic caused the most severe UK ...

Labour is plunging the UK into a recession after making the UK “a hostile climate for aspiration, investment and growth”. Top business bosses have warned the economy “is headed for the worst ...

Businesses across all main sectors including manufacturing, services and retail forecast a decline ... There are concerns that the UK is already in recession after official figures published ...