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Economy4 months ago
UK unveils biggest interest hike in 30 years in anticipation of recession
The Bank of England (BoE) is set to raise the interest rates by 0.5 percent, the greatest increase in almost 30 years, as it warns the UK will fall into recession by the end of the year.
UK unveils biggest interest hike in 30 years in anticipation of recession
Economy5 months ago
Watchdog: UK economy 'running on empty' as recession signals mount
​​​​​​​The UK economy is showing signs of stalling, as high inflation threatens a recession across the country, an industry watchdog survey has revealed.
Watchdog: UK economy 'running on empty' as recession signals mount
Economy5 months ago
UK set to sink in recession in near future, banking company warns
The possibility of the UK sinking into a recession over the next year or two has increased amid soaring inflation, a leading investment banking company has warned.
UK set to sink in recession in near future, banking company warns
Economy6 months ago
Soaring prices cause ‘acute distress’ to Britons, minister says
Soaring inflation across the UK has caused “acute distress” to Britons, Finance Minister Rishi Sunak has said, stressing that the Bank of England must take “decisive action” to get prices back under control.
Soaring prices cause ‘acute distress’ to Britons, minister says
Economy6 months ago
UK recession risk mounts amid soaring inflation
Britain's economy is teetering on the brink of recession amid soaring inflation, a leading statistical body warns.
UK recession risk mounts amid soaring inflation
Economy8 months ago
Fuel prices hit record high in UK
Fuel prices have registered a record high in the UK, as the British government is set to phase out imports of Russian oil during the course of the current year.
Fuel prices hit record high in UK
Economy10 months ago
BoE raises interest rates as inflation soars across UK
The BoE has doubled the interest rates in an attempt to tackle the soaring inflation in the country.
BoE raises interest rates as inflation soars across UK
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