Archive: Recession

The week in review: Things go from bad to worse for the Tories

We are not quite at the point of Gordon-Brown-eating-his-own-fingers-off-in-the-Downing-Street-bunker, but it is visible from here.

Darling: The recession is worse than we expected

The Week in Politics: Murdoch fillets Cameron

Recession woes: Coalition won't budge despite new poll low

Britain's economy is now back in recession - and the Tories are paying a political price

David Cameron is refusing to revert to a 'plan B' despite the double-dip recession and a new polling setback for his party.

comments

Double-dip doubted as Balls slams austerity

Has the UK economy really suffered a double-dipper of a recession?

Economists are questioning whether Britain is really in a double-dip recession, as Labour makes the most of yesterday's news.

comments

Day of disaster for coalition

David Cameron's government has suffered weeks of negative headlines.

David Cameron hammered by a return to recession and allegations against Jeremy Hunt ahead of the local elections.

comments

Double-dip: Britain back in recession

The double-dip recession is now a reality

The UK economy shrunk by 0.2% in the first quarter of 2012, meaning the much-feared double-dip recession is now a reality.

comments

It's official: Brits are three-quarters happy

Forget the recession - it's not so bad, after all

The first experimental figures measuring Britain's happiness are suggesting that the country's pursuit of happiness is three-quarters complete.

comments

CEBR: We take no pleasure from bleak forecasts

Douglas McWilliams, chief executive of the Centre for Economics and Business Research (CEBR), comments on economic forecasts

comments

Ernst & Young: We're probably back in recession

Professor Peter Spencer, chief economic advisor to the Ernst & Young ITEM Club, comments economic forecasts:

comments

Osborne: UK can thrive on Asian growth

George Osborne, chancellor, tells the Asia Economic Forum that Britain's recovery can be powered by the Asian boom

comments

Miserable Britain 'back in recession'

Cheer up - at least the Queen might be getting a royal yacht

Reports that Britain is already in another recession will not help as the UK faces its most miserable day of the year.

comments

Double-dip now underway, OECD warns

Rest of eurozone is in "mild recession" according to OECD

Britain's economy has begun a contraction which will push it into recession by the end of March, according to the Organisation for Economic Cooperation and Development (OECD).

comments

Eurozone failure means 70% recession risk

Chances of a recession now up to 70% - and 50% even without the eurozone crisis

Britain's economy could endure a double-dip recession before returning to robust growth in 2013, according to a GDP forecast out today.

comments

Revealed: How the recession worsens inequality

Inflation affects rich and poor differently

Inflation is worsening the gap between the rich and poor as rising fuel prices batter the incomes of lower income groups, a new report shows.

comments

30-year stagnation for low incomes

A livelihood crisis has been brewing for 30 years

Low and middle income earners have been in a livelihood crisis for three decades, according to a report published today.

Miliband fears 'cost of living crisis'

Ed Miliband warns of a growing `quiet crisis`

Ordinary people will continue to struggle even after the economy recovers, according to the leader of the opposition.

Free debt advice scrapping delayed

One-year reprieve for free debt advisers

Plans to end free face-to-face debt advice have been shelved by the coalition for one year.

Clarke: Middle classes don't 'get' cuts

Ken Clarke eyes Middle England with caution

Ken Clarke has admitted it will be "very difficult" when the middle classes finally realise how severe upcoming spending cuts will be.

Osborne's £800m raid hits banks

Some bad news over breakfast for City bankers

The City's bankers found themselves £800 million worse off this morning after chancellor George Osborne unexpectedly hiked taxes.

Poll: Enduring pessimism on economic prospects

Poll: UK remains pessimistic on economic future

Nearly 60% of people in the UK expect bad economic times ahead, according to a survey of attitudes in 22 countries.

Bank of England: Risk of double-dip 'can't be ruled out'

New fears: The Bank of England is cautious in its diagnosis of the UK economy

The UK economy is far from out of the woods and remains at risk of sliding back into recession over the next year, according to the Band of England's new policymaker Martin Weale.

Charities call for easier credit access

Charities have called for action to make accessing credit easier

A coalition of nearly 200 charities has written an open letter to party leaders urging them to make it easier for the poor to get credit.

More economists back Labour

Economists warn NI cut could lead back to recession

Labour is claiming the support of another 31 economists, making a total of 108, for their planned national insurance tax rise next year.

Brown blames weather for growth slowdown

Gordon Brown has admitted the economic recovery is "fragile", after the latest official figures showed the growth rate had slowed to just 0.2%.

Economist questions Cameron's hung parliament warnings

A leading economist has questioned David Cameron's claims

A hung parliament is unlikely to cause market catastrophe and a surge in interest rates, but parties unwilling to negotiate on deficit reduction could contribute to long-term economic uncertainty, one of Europe's leading economic consultants has said.