Etichetta: recession
Want to know if US is in a recession? You’re asking the wrong question
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As someone who writes about small business and runs a small business and serves hundreds of small business clients I often get asked: “How are small businesses doing?” Recently the Big Question I’m being asked is whet...
‘The big squeeze’: what the papers say about Bank of England’s recession forecast
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Friday’s papers are united in gloom, placing front and centre the Bank of England’s grim forecast of a lengthy recession and inflation rising to its highest level since 1980. The Financial Times goes big with a “red a...
Sunak scorns Truss’s claims that tax cuts can avert recession
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Liz Truss has claimed her tax cut plans could avert the looming recession, after the Bank of England forecast 13% inflation and a downturn lasting more than a year. In a televised leadership interview, the foreign sec...
As recession looms, the Bank of England’s independence is under threat
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The economic picture painted by the Bank of England of the years ahead was unremittingly grim: a long recession, high inflation, falling living standards. It would be hard to find a worse set of conditions for a gover...
IMF says global economy is edging towards recession
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The International Monetary Fund has said the global economy could soon be teetering on the brink of recession amid evidence that the world’s three biggest economies are all stalling and inflation is higher than previo...
Recession worries weigh on markets; food prices drive up shop inflation – business live
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Cost of living squeeze could push UK into ‘mild recession’; petrol price hits fresh highs – business live
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Global recession fears loom over markets; easyJet cuts more flights – business live
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Fight against inflation raises spectre of global recession
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The fight against inflation intensified this week as central banks stepped up their efforts to cool rising prices, and a global recession could be the price we pay. Investors reeled from the biggest rise in US interes...
Stock markets plunge again as flurry of interest rate hikes fuels recession fears
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The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world i...
Is the US heading for a recession? Here’s what you need to know
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Last Friday, the US Bureau of Labor Statistics released its May Consumer Price Index (CPI) rapporto, which showed inflation worsening. Di mercoledì, the Federal Reserve responded by raising interest rates by three-quart...
Is the UK heading for a recession? – podcast
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Last Friday, Boris Johnson was asked if the UK was heading for recession. He replied “not necessarily at all”. Richard Partington explains why we are facing such economic uncertainty ...
Elon Musk welcomes global recession: ‘it’s been raining money on fools for too long’
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With the invasion of Ukraine and lockdowns in China putting added pressure on a supply chain that has yet to recover from the ongoing pandemic, many are predicting a global recession. Elon Musk says bring it on. “This...
US stock markets fall sharply as investors worry about recession
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The wild ride on the US stock markets continued on Wednesday with the Dow Jones Industrial Average sinking more than 1,100 points as investors worried about a looming recession. All of the major US markets fell sharpl...
Back to the bad old days of the 1990s as recession looms for UK
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Britain’s hard-pressed households could feel even worse done by this week when official inflation figures show just how fast the cost of living is rising. Economists are forecasting a jump from March’s 7% per 9.1% in A...
‘I can’t see it getting any better’: could the UK be heading for a recession?
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These are worrying times for Claire Tasker’s jewellery business. With soaring living costs putting acute pressure on households across the country, the Hertfordshire-based goldsmith has seen first-hand how consumers a...