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Tag results for: UK ECONOMY
Tory backer says UK economy is ‘frankly doomed’ without Brexit renegotiation
Guy Hands says Conservatives are putting country ‘on a path to be sick man of Europe’The billionaire businessman Guy Hands has accused the Conservatives of putting the UK “on a path...
Goldman Sachs expects worse UK recession in 2023
The UK is likely to enter a deeper recession than previously expected next year, while interest rates and inflation will be lower than forecast, according to revised analysis from Goldman...
Recession risk rises as economy unexpectedly shrinks
The UK economy unexpectedly shrank in August, strengthening predictions that it will fall into a recession.The surprise 0.3% drop came as factories and consumer-facing businesses struggled, according to official...
UK’s Truss sticks by economic plan as her party worries
British Prime Minister Liz Truss said Sunday that she could have done a better job “laying the ground” for her package of unfunded tax cuts, but insisted she would...
Rising interest rates will hit already weak UK economy, output shows
Interest rate increases expected later this year will weaken a UK economy that is already expanding at its slowest pace since it began emerging from the 2021 lockdown, the latest private...
