Recession
ONS figures show construction sector saved UK from double-dipRevised figures on the economy from the Office for National Statistics shows that the UK technically avoided a double-dip recession in the six months between October 2011 and March 2012. |
GDP: UK economy contracts by 0.3% in Q4The Office for National Statistics published its first estimate of GDP for the final quarter of 2012 which shows that the economy shrank by 0.3%. |
NIESR predicts GDP fall as triple-dip recession loomsThe National Institute of Economic and Social Research says that the UK economy is likely to have contracted by 0.3 per cent in the final three months of 2012. |
UK emerges from recession due to Olympics and one-off factorsOfficial data published tomorrow is expected to confirm that the economy grew by 0.6 per cent and emerged from recession but underlying growth is still weak. |
Huge drop in living standards in this recession due to inflationThe Office for National Statistics (ONS) has published a report that shows the drop in living standards in the recession that started in 2008 is deeper than in recessions in the 1980's and 1990's. |
GDP down 0.7 per cent as UK economy slips deeper into recessionCould things get any worse for the economy? Today's first estimate of GDP from the Office for National Statistics shows a 0.7% fall in output meaning the answer is a resounding yes. |
UK GDP expected to contract by 0.3% in 2nd quarterOfficial data out tomorrow is expected to reveal tha the economy shrank by 0.3 per cent in the 2nd quarter of 2012, cementing the UK in a double-dip recession. |
The UK double-dip recession is getting deeper, warns NIESRThe National Institute of Economic and Social Research warns that the UK economy contracted for the third successive quarter in its latest GDP estimate. |
Eurozone and recession send UK business confidence plummetingUK business confidence has reached its lowest point this year, indicating a bleak second half of 2012 for the economy, a new report indicates. |
Service sector growth stalls pushing UK deeper into recessionBoth the service sector and Markit's all-sector PMI have fallen to an eight month low adding to the likelihood that the UK economy has fallen deeper into recession. |
Latest GDP figures confirm UK economy is in recessionGross domestic product (GDP) contracted by 0.3 per cent in the first quarter of this year, confirming that Britain is in recession, latest official figures show. |
King warns economic outlook has deteriorated in last six weeksAppearing at a Treasury Select Committee today, the Governor of the Bank of England, Sir Mervyn King warned that the UK economy will not fully recover until 2017. |
One in five families 'living on the edge' financiallyFinancial problems are pushing Britain’s families to breaking point, and many think family life is tougher than it was 10 years ago, according to research from Scottish Widows. |
NIESR warns UK output won't reach 2008 levels until 2014The National Institute of Economic and Social Research says that the UK economy grew by 0.1 per cent in the three months to May 2012 but overall the economy won't reach 2008 levels until 2014. |
UK consumer confidence rises despite recession and Euro woesThere was a surprise increase in consumer confidence this month, in spite of the recession and mounting fears over the fate of the Eurozone, a new survey shows. |
House prices still falling, says Land RegistryHouse prices continued to slide downwards in April, with London’s micro-market still bucking the national trend, according to latest figures. |
Plunging sales and soaring bonds push Spain closer to bailoutSpain appeared to be moving closer to a bailout yesterday as borrowing costs kept on climbing and retail sales plummeted. |
Eurozone recession fears mount as economy shrinksThe Eurozone edged closer to recession today after new figures revealed manufacturing activity in the region shrank at its fastest pace for almost three years. |
New UK recession would cause "permanent damage" says OBR's ChoteThe Chairman of the Office for Budget Responsibility has warned that a Greek euro exit could herald a new deep UK recession causing "permanent damage" to the UK. |
Eurozone avoids recession by the skin of its teethGDP data released today shows overall the eurozone was flat in the first three months of 2012 but that a wideninggap is emerging between northern and southern eurozone countries. |
Germany grows, France stagnates ahead of Hollande-Merkel meetingThe German economy has roared back to growth, expanding by 0.5 per cent, whilst the French economy was flat in the first quarter of 2012, new GDP data reveals. |
UK economy set to remain flat for six months, warns NIESRThe UK economy grew fractionally over the past three months but remains weak, latest estimates from the National Institute for Social and Economic Research show. |
UK unemployment to reach 9% by the end of the year, says NIESRA leading think tank has warned that unemployment could do permanent damage to the UK and that the economic weakness seen in the UK is "unprecedented". |
ONS confirms UK double-dip recessionThe UK economy has slipped into a double-dip recession, says the Office for National Statistics but this could be revised as economists question construction data. |
GDP Preview: Will the economy enter a double-dip recession?The preliminary estimate of GDP for the first quarter is published by the Office for National Statistics tomorrow and it is possible that the UK could fall back into recession. |
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