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The Latest Breaking News from Recession

Fact check: The UK avoided recession in the last two quarters of 2024

Incorrect growth figures, and an incorrect claim that the UK is in a recession, were shared in an online post.

Evening Standard

UK returns to growth but living standards fall; oil price weakens on Ukraine peace talk hopes – as it happened

Britain’s services and construction sectors grew in October-December, but production contracted again… and GDP per person shrank

The Guardian - UK

Britain stares at a second recession in little more than a year as growth stalls

Economic growth slowed down sharply in the second half of the year

Evening Standard

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We’re in a relationship recession – and a lot of women are absolutely fine with that

Older people don’t want to get married; youngsters aren’t dating. But maybe there’s more to life than being in a couple, writes Emma Beddington

The Guardian - UK

Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

Evening Standard

Mexican border cities are in limbo as tariff threats spark fears of a recession

President Donald Trump’s threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern border in limbo

The Independent UK

Trump is willing to wreck the world economy. The global fightback must start now

Britain is less vulnerable to US tariffs than other nations, but shares a historic responsibility. A recession would mean dark days for everyone, says Guardian columnist Gaby Hinsliff

The Guardian - UK

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Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

Evening Standard

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

In Trump 2.0, growing, spending, or squandering an enviable macroeconomic inheritance are all on the table

No freshly elected president has entered office with a stronger economic backdrop in recent history.

Fortune

‘I don’t hold a hose, mate’: Australia’s political history is full of gaffes. Here are some of the best (or worst)

As we enter another election season, we can expect the media to spend at least as much time on the hunt for gaffes as they do on policy substance

The Guardian - AU

At best, 2025 will be a year of slow economic recovery. As for the worst? Brace yourselves

With threats of recession, global fracturing and increasingly angry voters, Labour’s sticky start is unlikely to get any easier, says Guardian columnist Larry Elliott

The Guardian - UK

Wall Street’s predictions for the market and economy in 2025

It’s unlikely 2025 will repeat the massive gains of 2024, but it’s a far cry from early recession fears.

Fortune

Big banks sue over Fed's "stress test"

Since the Great Recession, the Fed has mandated banks keep capital on hand in case of another crisis

Salon

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Fortune

How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits

Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” says Boyle.

AAP

GDP hit slumps New Zealand further into recession

New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ.

The Independent UK

Inflation analysis: Prices rising faster means higher borrowing costs for longer amid recession fears

The rise in inflation last month is likely to mean higher borrowing costs for longer

The Independent UK

Trump’s mass deportation plan could hurt the country more than the Great Recession, report says

Mass deportations could lead to a 7.4 percent drop in the GDP, meaning ‘the U.S. economy would not grow at all’ during President Trump’s second term, the report says

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The Independent UK

Blow to Rachel Reeves as leading businessman suggests recession could be ‘around the corner’

James Reed, chairman of the recruitment giant, Reed, said there was a large drop in the number of vacancies it advertised last month

The Independent UK

Analysis: Reeves faces recession fears but shrinking industry could offer a bigger problem

Economists are concerned about a longer decline in economic activity, but a shrinking manufacturing industry should be cause for more concern

The Conversation

Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead

Australia’s economic growth remains in the slow lane, at only 0.3% for the September quarter, keeping Australia close to recession territory.

The Guardian - US

Democrats ignored pleas to address price of ‘eggs and gas’, campaigners say

US workers say Democrats neglected ‘desperately needed’ action toward vulnerable groups amid recession fears

Benzinga

10 Insights About The US Economy For Thanksgiving Dinner Talk

Economists answer 10 pressing questions about the US economy, including why food is still expensive and why there hasn't been a recession.

StockNews.com

Is Goldman Sachs’ 2025 Outlook Correct?

Steve Reitmeister compares his 2025 market outlook to the one just released by Goldman Sachs. There are points of agreement, but biggest disagreement is about where the S&P 500 (SPY) will be at the end of next year. Read on for more.

Benzinga

Consumer Confidence Hits 2-Year High As Recession Fears Fade: Stock Market Optimism Soars To Record High

Consumer confidence reaches highest level in 2 years, driven by labor market optimism and record-low recession fears. Stock market confidence also at record high.

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