Category : Search result: UK recession 2024


UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

UK Economy Stagnates with Zero Growth in April

New official figures reveal the UK economy showed no growth in April, dealing a blow to Prime Minister Rishi Sunak and Chancellor Rachel Reeves. The stagnant GDP figures raise concerns about the nation's economic recovery and future prospects.

UK Economy Stalls: 0.0% GDP Growth in April

New ONS data reveals the UK economy showed zero growth in April 2024, with a sharp slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.

UK Economy Flatlines in July: 0.0% Growth Recorded

Britain's economic growth stalled in July with 0.0% GDP growth, delivering a major blow to Chancellor Rachel Reeves and raising fears of imminent tax hikes to fill a £22 billion black hole in public finances.

UK Economy Flatlines in July with 0.0% Growth

New official data reveals the UK economy showed zero growth in July 2025, dealing a blow to Chancellor Rachel Reeves's economic strategy and raising fears of a prolonged stagnation.

UK Economy Stalls as July GDP Shows Zero Growth

New ONS data reveals the UK economy showed zero growth in July, with rising inflation and weak consumer confidence putting a brake on recovery. Key sectors like services and production stagnated.

Jamie Dimon's Chilling Economic Warning

JPMorgan Chase CEO Jamie Dimon has delivered a sobering assessment of the global economy, warning of a 'hard landing' and potential stagflation. The banking titan's comments signal turbulent times ahead for markets, interest rates, and government spending

Stephen King Warns Trump Could Seek Third Term

Horror maestro Stephen King sounds the alarm on Truth Social, claiming a second Trump term could dismantle US democracy and lead to an unprecedented third term. The author's stark political prophecy sparks intense debate.

Half of US States on Brink of Recession, Analysis Reveals

A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.

UK Economy Flatlines with 0.0% GDP Growth in April

New ONS data reveals the UK economy showed zero growth in April 2024, a significant slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.

Hiker dies in fall on Alaska's receding Byron Glacier

A hiker has died in a tragic fall on Alaska's rapidly receding Byron Glacier. The incident highlights the increasing dangers of hiking on unstable, melting glacial terrain as climate change accelerates.

UK Gilt Yields Hit 27-Year High in Market Meltdown

UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

UK Economy Stalls as GDP Flatlines in April

The UK's economic growth ground to a halt in April with 0.0% GDP growth, dashing hopes for a swift recovery. Key figures like Sir Richard Branson and Jo Malone voice concerns over political instability hindering business momentum.

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

UK Private Sector Growth Hits Nine-Month High

In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

2024 Beauty Advent Calendars: Ultimate Guide & Early Deals

Discover the most coveted beauty advent calendars of 2024 with massive early discounts. From luxury skincare to premium makeup, we reveal where to find the best value and how to secure your calendar before the festive rush.

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