The Latest Breaking News on Economy

No pandemic, no lockdown, but no economic growth either. Britain has slipped into recession, official figures confirm, as GDP shrank by a worse than expected 0.3 per cent in the three months from October to December, following a 0.1 per cent decline in the previous quarter.

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

The absence of so many potential workers is taking a toll. In a literal sense, this is a sick economy

Investing in infrastructure, overhauling rigid planning rules – there is no magic bullet, but these changes would set us on a far better path, says the Guardian’s economics editor, Larry Elliott

If the UK did enter a technical recession, it looks set to be the shallowest one in history

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

An update on the jobs market will dominate the economic agenda this week, with business and consumer health checks also expected.

City braced for verdict on recession as D-day for economic data looms

Discover the latest insights on Euro zone wage growth, projected to peak in early 2024 according to the new ECB tracker, with the path ahead remaining unce...