All posts tagged Recession

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,

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

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

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

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

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

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

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),

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