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Using analysis by Citi, the IFS report warned that the UK would fall into a recession at the start of 2024 that will last for nine months. It also forecast that gross domestic product (GDP) would ...
The UK is at “significant risk” of heading into a recession due to the mounting cost-of-living crisis and the Ukraine conflict, a new report has warned. ... KPMG predicts that the UK would see ...
UK largest business group gives downbeat forecast on economy. Home & Garden. Lighter Side
The UK faces a collapse in living standards, higher bills, tax hikes and increased unemployment as the economy slumps into recession. Chancellor Jeremy Hunt told MPs he was having to make ...
The UK economy is on track to shrink by 1.3% in 2023 amid a recession which is set to last until the end of next year, according to a new economic forecast.
Official data is predicted to reveal that the UK economy contracted for the second quarter in a row in the final three months of last year. UK set to have slipped into recession at end of 2023 ...
This distinction is made in the tables below in the area column, where "GB" means Great Britain (England, Scotland and Wales), and "UK" means the entire United Kingdom. Plaid Cymru only stand candidates in Wales and the Scottish National Party only stand candidates in Scotland. Due to rounding total figures might not add up to 100%.
Britain’s economy slipped into a recession at the end of 2023 after output contracted by more than expected in the final three months, according to official figures.