All the updated news related to recession

All the news related to recession updated in real time

Found 97

forrecession

Order by:

UK growth slows to weakest for a year as recession fears grow

Britain’s economy grew at the slowest pace for a year at the start of 2022, as official figures showed a contraction in March amid mounting fears that the cost-of-living crisis may plunge the UK into recession. The Office for National Statistics ...

12 May 2022 at 08:55

UK economy contracts in March as recession fears grow

Britain’s economy shrank unexpectedly in March as official figures revealed a pullback in consumer spending amid mounting fears that the cost-of-living crisis may plunge the UK into recession. The Office for National Statistics (ONS) said gross ...

12 May 2022 at 11:55

City

Around 1.5m families will struggle to pay bills as UK set for recession – Niesr

Around 1.5 million UK households will struggle to pay food and energy bills amid a deepening cost-of-living crisis that will plunge Britain into a recession, according to a leading think tank. Soaring inflation compounded by the war in Ukraine ...

11 May 2022 at 11:55

Economy ‘running on empty’ amid growing signs of looming recession, report warns

Britain’s economy appears to be “running on empty” as plummeting business confidence adds to mounting signs of a looming recession, according to a report. The latest S&P Global/CIPS flash UK purchasing managers index (PMI) survey shows ...

23 Jun 2022 at 11:44

Cost-of-living hikes good news for price comparison sites, Trivago boss says

The soaring cost of living signals good news for hotel comparison sites which will benefit from cash-conscious consumers hunting down cheaper deals, the boss of Trivago has said. While many businesses could suffer as high inflation ...

15 Aug 2022 at 01:01

Boris Johnson and Chancellor Nadhim Zahawi on holiday despite financial gloom

Boris Johnson and Chancellor Nadhim Zahawi are on holiday despite warnings of inflation further soaring and of the economy entering the longest recession since the financial crisis. With ministers taking a back seat as the Tory ...

04 Aug 2022 at 19:39

Average UK house price falls month on month for first time since June 2021

The average UK house price slipped back in July from a record high the previous month, marking the first month-on-month dip since June last year, according to an index. Following a year of exceptionally strong growth, house ...

05 Aug 2022 at 10:14

Another hefty rate rise may be on the cards in September, economists warn

The Bank of England may be forced to increase rates by another half point as soon as next month as it puts the need to rein in inflation over risks of deepening the looming recession, economists have warned. James Smith, ...

04 Aug 2022 at 16:34

Shrinking economy in April puts recession fears back in spotlight

Britain’s unexpected drop in output over April is seen putting the economy on course to shrink in the second quarter and has pushed recession fears back to the fore. Experts are now pencilling in a fall in gross ...

13 Jun 2022 at 12:27

Economic decline ‘gathers momentum’ as UK output slumps

The UK’s economic downturn has worsened in October, with growth in the private sector slowing to a 21-month low, according to new figures. Output declined for the third month running following a period of ...

24 Oct 2022 at 11:47

National News

EU expects recession to hit Ireland and 18 other eurozone countries this winter

The European Union’s executive commission has slashed its forecast for economic growth next year. It said the 19 countries using the euro will slide into recession over the winter as peak inflation hangs ...

11 Nov 2022 at 18:33

Service sector breaks from 18 months of growth, survey suggests

The UK’s service sector has interrupted 18 months of consecutive growth to stagnate for the first time since lockdowns as customers across the country tightened their belts. Under-pressure household ...

05 Oct 2022 at 11:48

Years
2026

Iconic Media is Ireland's largest independently owned regional newspaper and media group, with an unrivalled audience in print, online and mobile. We have 19 regional newspapers and 21 digital sites.

Iconic Digital Titles

Iconic Print Titles

Letterkenny Live

This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.