Recession

NEWSLETTER

Labour leader Sir Keir Starmer

General Election 2024

5

Wee Ginger Dug: The real reason behind Keir Starmer's desire to crush SNP

Chancellor Jeremy Hunt insisted the economy is 'turning a corner' but expert Richard Murphy disagrees

Chancellor Jeremy Hunt insisted the economy is 'turning a corner' but expert Richard Murphy disagrees

Bank of England

6

Recession shows Scotland must free itself from Treasury 'shackles', says expert

The UK has entered a recession, according to the latest figures

The UK has entered a recession, according to the latest figures

3

What does being in a recession mean, and what does it mean for me?

Jeremy Hunt claimed the UK economy is 'turning a corner'

Jeremy Hunt claimed the UK economy is 'turning a corner'

8

UK recession confirmed by latest figures in blow to Rishi Sunak

Rishi Sunak had pledged at the start of 2023 to 'grow the economy'

Rishi Sunak had pledged at the start of 2023 to 'grow the economy'

Bank of England

5

UK economy at risk of recession after worse than expected third quarter decline

The Bank of England recently raised interest rates to a 15-year-high

The Bank of England recently raised interest rates to a 15-year-high

3

UK facing 'heightened recession risks' as private sector suffers shock decline

A new report has found there remains a 60% chance of recession in 2024

A new report has found there remains a 60% chance of recession in 2024

2

UK 'heading for five years of lost economic growth', report concludes

Professor Richard Murphy writes on the problems the Bank of England may be creating for itself - and the rest of us

Professor Richard Murphy writes on the problems the Bank of England may be creating for itself - and the rest of us

Bank of England

4

Richard Murphy: Bank of England risks putting Scotland into recession – here's why

The UK is set to avoid a recession - but will see living standards fall to levels not seen since the 1950s

The UK is set to avoid a recession - but will see living standards fall to levels not seen since the 1950s

6

UK to avoid recession but see living standards 'drop to levels not seen since 1950s'

General view of the City of London as the UK's largest lender predicts a mild recession

General view of the City of London as the UK's largest lender predicts a mild recession

3

Major bank predicts 'mild recession' as bankers' bonus pot swells to five-year high

Chancellor Jeremy Hunt said the ONS data showed the resilience of the UK's economy

Chancellor Jeremy Hunt said the ONS data showed the resilience of the UK's economy

3

UK avoids recession by narrowest margin but 'not out of woods yet'

Rishi Sunak's Conservatives have made the UK's economic situation worse, experts have said

Rishi Sunak's Conservatives have made the UK's economic situation worse, experts have said

Conservative Party

8

UK economic outlook 'as bad as it gets' – and Tories made it worse, experts warn

Head of the IMF Kristalina Georgieva has warned a third of the world economy will be in recession this year

Head of the IMF Kristalina Georgieva has warned a third of the world economy will be in recession this year

Third of global economy to be in recession in 2023, IMF chief warns

Consumer spending could be impacted next year as a variety of issues affect the UK’s economy

Consumer spending could be impacted next year as a variety of issues affect the UK’s economy

1

Retail boss is ‘cautiously optimistic’ for year ahead for industry

Scotland’s recession may be shallower than elsewhere in UK , MSPs told

Scotland’s recession may be shallower than elsewhere in UK , MSPs told

Scotland’s recession may be shallower than elsewhere in UK , MSPs told

The Bank of England raised interest rates to a 14-year high at the beginning of the month

The Bank of England raised interest rates to a 14-year high at the beginning of the month

Bank of England

‘UK recession to last until end of next year’, say economists

Jeremy Hunt said that there is a 'tough road' ahead for people

Jeremy Hunt said that there is a 'tough road' ahead for people

Bank of England

UK economic growth in October a 'false dawn', say experts

Worker shortages in the wake of Brexit are among the reasons given for Britain's painful recession

Worker shortages in the wake of Brexit are among the reasons given for Britain's painful recession

2

UK forecast for 'worst recession among top economies' due to Brexit and Tory policies

LIVE: All the latest updates as Jeremy Hunt delivers the autumn Budget

LIVE: All the latest updates as Jeremy Hunt delivers the autumn Budget

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LIVE: All the latest updates as Jeremy Hunt delivers the autumn Budget

Chancellor Jeremy Hunt today confirmed the UK was in a recession as he unleashed a fresh package of austerity

Chancellor Jeremy Hunt today confirmed the UK was in a recession as he unleashed a fresh package of austerity

3

Pound plummets as markets spooked by Tory austerity budget

Tory MP Vicky Ford said the UK economy was outpacing its G7 neighbours

Tory MP Vicky Ford said the UK economy was outpacing its G7 neighbours

13

Tory MP confronted live on air over claim UK is outpacing G7 economies

Jeremy Hunt will unveil the autumn Budget today

Jeremy Hunt will unveil the autumn Budget today

1

A quick guide to the autumn Budget ahead of Jeremy Hunt's statement

The ONS revealed inflation jumped to higher than expected in October

The ONS revealed inflation jumped to higher than expected in October

4

UK inflation hits 41-year high due to surging energy bills

The line of former prime ministers standing shoulder to shoulder at the Cenotaph on Sunday said it all

The line of former prime ministers standing shoulder to shoulder at the Cenotaph on Sunday said it all

3

A year of four chancellors - how the UK is leading the world's plunge into recession

Kwarteng has claimed he told Truss to 'slow down' over the disastrous mini-Budget

Kwarteng has claimed he told Truss to 'slow down' over the disastrous mini-Budget

Conservative Party

12

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

Chancellor Jeremy Hunt

Chancellor Jeremy Hunt

Conservative Party

10

Latest recession warning a 'damning indictment' of Tory governance

Former Bank of England governor Mark Carney said that inflation and interest rises were a consequence of Brexit

Former Bank of England governor Mark Carney said that inflation and interest rises were a consequence of Brexit

Bank of England

9

Brexit a key reason for UK inflation, former Bank of England boss says

It didn't take Kwasi Kwarteng long to send the UK economy off a cliff

It didn't take Kwasi Kwarteng long to send the UK economy off a cliff

1

How the Tories wrecked the economy in seven days

Steps need to be taken in Parliament to reverse some of the most disgustingly greedy and insane aspects of the Chancellor’s plans – and then we need a General Election to get rid of the Tories

Steps need to be taken in Parliament to reverse some of the most disgustingly greedy and insane aspects of the Chancellor’s plans – and then we need a General Election to get rid of the Tories

25

Joanna Cherry: This is the time to forge a new social and economic vision for Scotland

Gordon Gecko’s ‘Greed is good’ maxim could be engraved on the door of 10 Downing Street, so central is the idea to Truss’s government

Gordon Gecko’s ‘Greed is good’ maxim could be engraved on the door of 10 Downing Street, so central is the idea to Truss’s government

Conservative Party

4

Michael Russell: Liz Truss’s Tories don’t care that greedy Gekko was the bad guy

Chancellor Kwasi Kwarteng did not commission the Office for Budget Responsibility to update its forecast to reflect his mini-budget

Chancellor Kwasi Kwarteng did not commission the Office for Budget Responsibility to update its forecast to reflect his mini-budget

15

Bombshell letter shows Chancellor refused expert forecast before mini-budget

Far from building up the UK economy, Liz Truss and Kwasi Kwarteng are tearing it down

Far from building up the UK economy, Liz Truss and Kwasi Kwarteng are tearing it down

Bank of England

6

PM and Chancellor AWOL as Tories wreck economy - The REAL Scottish Politics

Recessions can force some businesses into bankruptcy

Recessions can force some businesses into bankruptcy

Bank of England

Is the UK economy already in recession?

The Bank of England has predicted the UK could fall into recession

The Bank of England has predicted the UK could fall into recession

Bank of England

1

'Downbeat outlook:' UK economy grew less than expected in July

The Bank of England has predicted the UK could fall into recession

The Bank of England has predicted the UK could fall into recession

Bank of England

UK economy grew less than expected in July

The Bank of England has warned that a recession is coming

The Bank of England has warned that a recession is coming

Bank of England

7

UK pound records biggest monthly decline since 2016 as economic uncertainty grows

Rishi Sunak is promising to widen the government’s definition of extremism to encompass those who ‘vilify our country’

Rishi Sunak is promising to widen the government’s definition of extremism to encompass those who ‘vilify our country’

Conservative Party

Unspeakable ‘anti-Scots’ pursue power as recession looms

It was no accident that the UK Government looked to Canada when it needed new leadership at the Bank of England in 2012

It was no accident that the UK Government looked to Canada when it needed new leadership at the Bank of England in 2012

4

Why a post-indy Scotland should treat all bankers as rogues

The screaming injustice of the current moment points at a capitalism which can no longer fulfil its historic function

The screaming injustice of the current moment points at a capitalism which can no longer fulfil its historic function

3

Pat Kane: What happens when growth is no longer available to solve our issues?

There are dire warnings for people in the UK looking to buy their first home

There are dire warnings for people in the UK looking to buy their first home

Bank of England

What rise in interest rates mean for first-time buyers - and your mortgage payments

'Final straw' warning for struggling hospitality sector as recession threat looms

'Final straw' warning for struggling hospitality sector as recession threat looms

Conservative Party

'Final straw' warning for struggling hospitality sector as recession threat looms

A recession can have a big impact on those thinking of buying or selling homes

A recession can have a big impact on those thinking of buying or selling homes

Bank of England

4

What happens to house prices in a recession?

Richard Lochhead suggested Scotland's economy is in a 'precarious' position

Richard Lochhead suggested Scotland's economy is in a 'precarious' position

Cost of living crisis

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Minister urges workers to consider recession risk when asking for pay rise