All posts tagged Recession

UK in recession

UK predicted to avoid triple-dip recession

The UK economy has made progress and is expected to avoid slipping into another recession, the British Chambers of Commerce (BCC) said today. Revealing the results of its latest Quarterly Economic Survey, the business organisation said that most key balances […]

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UK in recession

Figures confirm 0.3% dip in UK economy for Q4

The UK economy contracted by 0.3% in the fourth quarter of 2012, official figures confirmed today. In its second estimate of GDP for the final quarter of the year,

UK in recession

Office for National Statistics confirms Q4 contraction in UK economy

After months of conjecture, official figures confirmed today that the UK's economy contracted again in the fourth quarter after only three months of growth. The Office for National Statistics

UK Economy

OECD lowers forecast for UK economy in 2012

The Organisation for Economic Co-operation and Development (OECD) has said that it expects the UK economy to contract by 0.7% in 2012. This is a significant decrease from the

UK Recession

UK businesses expect recession to continue for rest of the year

British businesses expect the recession to continue for the rest of this year and the government needs to take action to restore confidence in the economy, the Institute

The Queen's Jubilee could have dented growth -- ONS

UK economy shrank 0.7% in second quarter

A sharp decline in the UK's economy was announced today by the Office for National Statistics (ONS). The statistics agency estimates that GDP declined by 0.7% between the first

UK in recession

UK recession deeper than previously thought, ONS figures show

The UK's economy declined by more than previously estimated in the final quarter of 2011, revised figures showed today. According to the Office for National Statistics (ONS) the economy

Double Dip

UK economy in deeper decline than previously estimated

The UK's double-dip recession is deeper than originally estimated, according to new figures released today by the Office for National Statistics (ONS). An updated assessment shows that gross domestic

UK Manufacturing

Surveys point to increase in confidence among UK firms

Businesses in the UK generally have a more confident outlook, despite the recent announcement that the UK economy has entered a double-dip recession. The Confederation of British Industry (CBI),

NAB's Yorkshire and Clydesdale Banks to cut UK jobs

NAB-owned Clydesdale and Yorkshire Banks to cut 1,400 jobs in the UK

Clydesdale and Yorkshire Banks, the UK division of National Australia Bank (ASX:NAB), will axe its headcount by over 1,400 roles by 2015, the parent said on Monday. The planned

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