The Latest Breaking News from Recession

Under-pressure consumers are holding back on spending with the economy already in recession

The FTSE 100 hit its highes tlevel in more than a year today as global stock markets continue to rally on hopes that lower interest rates are within sight.

Political parties trade blame for economic slump that follows aggressive interest rate hikes to tame inflation.

New Zealand has fulfilled the technical definition of a recession with two quarters of negative GDP growth in the last half of 2023.

The Sahm rule lets us get in front of recessions – so alerts should be flashing in the Treasury and RBA

A deeper recession was avoided only thanks to record immigration, and the MPC is bound to be cautious about cutting interest rates

Despite several rounds of sanctions levied by Western powers over the war in Ukraine, the Russian economy registered strong growth in 2023 after a recession the previous year. Fuelled by increased public spending – particularly military spending – other industrial sectors also benefited from the war in Ukraine, with the…

Figures may seem positive at first glance but the broader picture for UK plc is still one of relative stagnation

Cutting too early would risk restoking inflation, while too late could undermine the UK’s revival from recession