The UK is likely to avoid a recession this year, an economic think tank has predicted. The National Institute of Economic and Social Research (Niesr) said the economy will grow marginally despite ...
The UK economy will avoid falling into recession this year, the Bank of England has predicted. Its forecast comes as it increased interest rates to 4.5% from 4.25% in an attempt to slow soaring ...
The Office for National Statistics (ONS) reported that the gross domestic product (GDP) edged up by 0.1% in February.
The UK economy is expected to avoid a recession this year, the International Monetary Fund has said, after it sharply upgraded its growth forecast. It now expects the UK to grow by 0.4% in 2023 ...
The UK’s economy has grown faster than expected in the second quarter of 2023, as Friday’s data also showed that the country may avoid a recession. The Office for National Statistics (ONS ...
The UK has avoided an unprecedented triple-dip recession after the economy grew by a better-than-expected 0.3% at the start of the year, official figures revealed today. The first estimate from ...
New data has revealed that while the UK did enter a recession last year, it was slightly less severe than financial experts thought. The Office for National Statistics (ONS) has released revised ...
LONDON (Reuters) - British gross domestic product was unchanged in the final three months of 2022, figures from the Office for National Statistics showed on Friday. By David Milliken and William ...
The International Monetary Fund (IMF) said it no longer expects Britain's economy to fall into a recession this year and has upgraded its forecasts. It now anticipates the UK economy to grow by 0. ...
Britain never suffered a double-dip recession in 2012 but underwent a deeper collapse in output following the financial crash than previously thought, according to new data that show the economy ...
Scotland's Gross Domestic Product (GDP) fell by double the rate of the UK overall in the final three months of last year, according to official data. However, Scotland has dodged a recession, even ...
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