The Latest Breaking News from Recession

Rolling coverage of the latest economic and financial news, as US stocks hit record high in early trading

EY Item Club report hands PM new year boost with prediction that inflation drop will allow interest rates to fall to 4% by year end

Surprise fall in December sales damages chancellor’s claims that UK economy is on right track

Department stores, clothing shops and household goods retailers were hit hardest

Tuesday stocks fell after a truly horrific economic report pushing them back from near the all time highs for the S&P 500 (SPY). Was this report the cause for the market decline? And what does it mean for the market going forward? 43 year investment veteran Steve Reitmeister shares his…

‘Multiple crises’ contributed to 0.3% fall in GDP, says national statistics office

The World Economic Forum has already wrestled with pandemic and recession, but the troubles keep coming

Chancellor Olaf Scholz is slipping in polls, while a surging far-right party is backing the protesting farmers, who are losing some of their precious subsidies.

The UK economy showed some growth in November, but is on the brink of recession, highlighting a precarious state of affairs for Britain's economic future.

GDP rose by 0.3 per cent in November – but opposition blames government for ‘dismal’ growth

Economists had expected growth of 0.2%, but the figures gave little cause for celebration with the risk of an end-of-year recession still on the cards