Recession looms as UK economy underperforms in last two quarters
“Rishi Sunak failed to beat Liz Truss, he failed to cut waiting lists, he failed to stop the boats and now he has failed to grow the economy", Rachel Reeves said.
Tag: UK economy
UK recession fears grow as economy contracts
Gross domestic product contracted by 0.5% in July, according to the Office for National Statistics.
Soaring energy prices force UK company to relocate to the Netherlands
"We're looking at 900 redundancies plus."
Good time for a trade war? UK economy shrank by 0.1% in March as recovery slows
Threats to rip up parts of the Northern Ireland Protocol could result in trade tariffs being imposed by the EU - escalating the cost of living crisis.
Retirement age could be raised to ease public debt, OECD warns
Ageing populations in advanced economies mean there is an urgent need to raise money, the OECD said.