The Latest Breaking News from Recession

The continued supply chain disruptions and rising prices have adversely affected the retail industry, particularly specialty retailers. With the possibility of the economy entering a recession, specialty retailers are expected to be affected by declining consumer demand. Thus, it could be wise to avoid fundamentally weak specialty retail stocks Party…

Boris Johnson boasted he’d had a ‘wonderful’ time swimming lakes in ‘peace and quiet’ at Vila Planinka, which urges guests to switch off phones while they dine on bear - while No10 rejected calls for an emergency budget

Although it certainly feels like it, and many people believe it, we are not in a recession yet. While a recession is defined as two successive quarters of negative GDP growth, it is essentially a period where economic growth falls significantly and unemployment rates rise.

The global financial crisis brought large economies together but the current crisis comes at a time of deep division

The two candidates vying to replace Boris Johnson as prime minister continued to clash over their plans for the economy after the Bank of England warned this week that the UK would fall into the longest recession since the financial crisis.

America is simply too big for generalizations. The right question is whether your industry is in recession

Ms Truss vowed to use a September emergency budget to “immediately” cut taxes

The Tory leadership contenders are pursuing a dangerous nirvana of low taxation while ignoring the damage inflicted by leaving the EU

Results this week will reveal the tour giant’s post-Covid boom, but what might a deep recession do to holiday bookings?