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The Latest Breaking News from Recession

Boris Johnson and Keir Starmer both on holiday as economy crumbles

BORIS Johnson has come under fire for being on holiday while the UK is forecast to go into recession amid rising interest rates and inflation.

The National (Scotland) · Aug 4, 2022

Bank of England raises interest rates, predicts long recession

Every central banker dreams of their ‘whatever it takes‘ moment, a reference to then ECB President Mario Draghi’s 2012 commitment to preserve the euro.

Evening Standard · Aug 4, 2022

3 Low-Volatility Stocks to Invest in Right Now

U.S. GDP declined for the second straight quarter from April to June, adding to the recession concerns. Moreover, considering the lingering macroeconomic headwinds, we think it could be wise to scoop up shares of low-volatility stocks Leidos (LDOS), Incyte (INCY), and The Coca-Cola Company (KO) now. Keep reading….

StockNews.com · Aug 4, 2022

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Scotland 'cannot afford to stay in the Union' as worst recession since 2008 looms

Pro-independence politicians have hit out following an announcement that interest rates and inflation is set to rise

The National (Scotland) · Aug 4, 2022

Bank of England raises interest rates in bid to tame inflation

UK’s central bank hikes key interest rate to 1.75 percent, its highest level since 2008, and warns of recession ahead.

Al Jazeera · Aug 4, 2022

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

THE UK is set to fall into its longest recession since the financial crisis and inflation will peak at more than 13 as gas prices soar, the Bank…

The National (Scotland) · Aug 4, 2022

2 Stocks to Buy at a Discount Right Now

Better-than-expected corporate earnings and growth in the services sector last month should help offset the impact of recession fears on the stock market. However, since market swings are expected to continue, it could be wise to invest in quality stocks Exelixis (EXEL) and AutoNation (AN), currently trading at significant discounts…

StockNews.com · Aug 4, 2022

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Interest rates rise to 1.75%, with UK set to enter recession this year

Bank of England hikes rates to their highest level since January 2009

Insider UK · Aug 4, 2022

Finance expert explains how to avoid a credit card rate rise as recession looms

Interest rates have risen to their highest level since 2008

The National (Scotland) · Aug 4, 2022

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

SOARING interest rates could be the “final straw” for struggling hospitality businesses, industry leaders have warned as the UK economy faces a…

The National (Scotland) · Aug 4, 2022

What happens to house prices in a recession?

The Bank of England has pushed through the biggest interest-rate hike in 27 years as it warned the UK is heading for more than a year of recession.

The National (Scotland) · Aug 4, 2022

Bank of England says UK to enter recession lasting more than a year with inflation hitting 13.3%

The Bank has stated that the UK's "growth is very weak by historical standards"

Manchester Evening News · Aug 4, 2022

As recession looms, the Bank of England’s independence is under threat

Analysis: The monetary policy committee has been accused of being asleep at the wheel amid cost of living crisis

The Guardian - UK · Aug 4, 2022

Bank of England hikes rates as it predicts 13% inflation and long recession

Base rate raised by 0.5 percentage points to 1.75%, as Bank says inflation will hit 13% in October

The Guardian - UK · Aug 4, 2022

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Evening Standard · Aug 4, 2022

Bank of England warns of long recession in 2023 as it hikes interest rates

Economists say bleak new GDP and inflation forecasts are a “horror show.”

Daily Mirror · Aug 4, 2022

Bank of England doomsday forecast of recession, interest rates and 13% inflation

The dire economic conditions will see real household incomes drop for two years in a row, the first time this has happened since records began in the 1960s, according to the Bank's forecasters

Wales Online · Aug 4, 2022

Interest rates up to 1.75%, with inflation forecast to hit 13.3%

The UK will enter five consecutive quarters of recession with gross domestic product falling as much as 2.1%, the Bank said

The Independent UK · Aug 4, 2022

UK faces long recession and deepest plunge in living standards on record, Bank of England warns

Country to enter recession this year and economy on course to shrink for five straight quarters

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The Guardian - UK · Aug 4, 2022

Is Bank of England about to break precedent on interest rates?

Markets expect 0.5 percentage-point rise for first time since independence as inflation rises

Tribune News Service · Aug 3, 2022

Fed leaders pledge tough fight to keep inflation credibility

WASHINGTON— Federal Reserve leaders pledged the central bank would continue an aggressive fight to cool an inflation rate that’s at a four-decade high, even if higher rates cause the risk of recession.

The Guardian - AU · Aug 3, 2022

Australia’s economy is set to grow slower than it ever has outside of recession. This is bad news for our standard of living

The economic growth forecasts are truly dire and point to rising unemployment and falling wages growth

StockNews.com · Aug 3, 2022

3 Dividend Stocks to Buy With Yields Over 5%

The stock market has been under pressure amid soaring prices and widespread recession fears. Amid the volatile market scenario, buying dividend stocks BHP Group (BHP), Rio Tinto (RIO), and Lumen Technologies (LUMN), which yields over 5%, could be a wise strategy to ensure a stable income stream. Read on….

StockNews.com · Aug 3, 2022

2 Growth Stocks Ready to Skyrocket Higher

The Fed’s tightening monetary policy raises concerns that the economy might be on the cusp of a recession. However, robust corporate earnings this season is providing some relief in the gloomy outlook. Given this scenario, here are two growth stocks, AmerisourceBergen (ABC) and Civeo (CVEO), which have demonstrated stable momentum…

Benzinga · Aug 3, 2022

Why Isn't The US Officially In A Recession?

The US has technically entered a recession in the second quarter 2022 as the economy contracted 0.9% year over year, following a 1.6% decline in the first quarter.

Daily Record · Aug 3, 2022

What is a recession? Economic term and what happens during one explained

A chilling warning about the state of the economy - and how it affect vulnerable households - has been issued.

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