The Latest Breaking News from Recession

The UK economy finished last year in recession after GDP declined by a bigger-than-expected 0.3% in the fourth quarter.

GDP fell by a worse than expected 0.3% in the last three months of 2023

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

City Comment: For Sunak and Hunt, an official declaration of recession, however shallow, is yet another dent to their claims on the economy

If the UK did enter a technical recession, it looks set to be the shallowest one in history

Business economists and analysts expect a low chance of a recession in the US this year, with concerns instead focused on external shocks and inflation sur...

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

On Friday, the SP 500 achieved a historic milestone by closing above the 5,000 mark for the first time, buoyed by robust earnings and economic indicators that bolstered confidence in the US economy's ability to sidestep a recession.

City braced for verdict on recession as D-day for economic data looms