Raising retirement age could help Bank of England fight next recession

Raising retirement age could help Bank of England fight next recession, according to top official By Daily Mail City & Finance Reporter Published: 17:11 EDT, 26 July 2021 | Updated: 17:11 EDT, 26 July 2021 Raising the retirement age could help the Bank of England fight the next recession, according to a top official.  Gertjan … Read more

Eurozone headed for double-dip recession amid slow vaccine rollout

Eurozone headed for a double-dip recession as the slow vaccine rollout prolongs the economic misery By Daily Mail City & Finance Reporter Published: 22:12 GMT, 3 March 2021 | Updated: 22:12 GMT, 3 March 2021 The eurozone is heading for a double-dip recession as the slow rollout of Covid-19 vaccines prolongs economic misery across the … Read more

Double-dip recession fears ease as economy grew 1% in fourth quarter

The UK looks set to avoid a double-dip recession after it was announced today that the economy stayed in positive territory in the final quarter of 2020.  GDP grew by 1 per cent in the fourth quarter, better than some experts had expected. There have been fears that another recession is looming, after the historic … Read more

Double-dip recession fears ease as economy grew 1% in fourth quarter

The UK looks set to avoid a double-dip recession after it was announced today that the economy stayed in positive territory in the final quarter of 2020.  GDP grew by 1 per cent in the fourth quarter, slightly better than some experts had expected. There have been fears that another recession is looming, after the … Read more

ROSS CLARK: With a double-dip recession looming, a tax raid is the last thing we need 

There are many on the Left who think Britain is a low-wage tax haven run for the benefit of the rich. The evidence, however, suggests this could not be further from the truth. A new analysis by the TaxPayers’ Alliance shows the share of GDP extracted by the Government in tax will reach 34.2 per … Read more

How to protect your finances as the UK heads for a double-dip recession

Huge pressure has been placed on millions of Briton’s financial wellbeing by the coronavirus crisis and ensuing lockdowns. Figures this week from the ONS revealed unemployment climbing to 5 per cent while recent GDP figures highlighted the increased likelihood of a double-dip recession for the UK. Away from the facts and figures, this means more … Read more

Pound on retreat as Britain heads for double-dip recession

Sterling falls as third national lockdown triggers largest decline in business activity since May – leaving Britain facing double-dip recession By Hugo Duncan for the Daily Mail Published: 21:58 GMT, 22 January 2021 | Updated: 21:58 GMT, 22 January 2021 Sterling fell yesterday as the third national lockdown triggered the largest decline in business activity … Read more

A double-dip recession in the eurozone is ‘increasingly inevitable’ due to Covid-19, experts warn

A double-dip recession in the Eurozone is ‘increasingly inevitable’ due to Covid-19, with France among the countries most seriously hit, experts have warned.  The slowdown in Eurozone business activities intensified in January as the pandemic continued to batter the economy, a key survey showed on Friday. The closely watched PMI index compiled by IHS Markit … Read more

UK faces double-dip recession as business activity PLUNGES in January

Britain is facing a double-dip recession as grim figures showed business activity plunging into the red again this month. Closely-watched PMI data for the private sector showed a reading of 40.6 so far in January – with anything below 50 pointing to a contraction. It was significantly worse than the expectations of analysts, who had predicted … Read more