Articles tagged "recession"

UK back in recession, says think tank

News
The UK is probably already in a new recession, according to new estimates from highly-regarded economic forecaster the Ernst & Young ITEM Club.

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Pay squeeze set to continue

News by Rachel Lacey
The governor of the Bank of England has warned that workers will have to put up with high inflation and low interest rates for a while to come, as the big pay squeeze continues.

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Jobs cut, taxes up as Ireland unveils austerity budget

News
The Irish government has unveiled an austerity budget with a two thirds emphasis on spending cuts and one third on tax rises.

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Economic recovery still on track

News
The UK economic recovery remains on track despite weaker data emerging last month from the dominant service sector.

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Economic recovery gathers pace

News
The UK’s economic recovery gathered yet more pace in the fourth quarter, new revised figures have shown.

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UK set for slow recovery

News
The UK is in for a "slow and sluggish" economic recovery that will undershoot government growth predictions, according to economists.

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