Gen Z is identifying unusual everyday signs of financial pressure, from using up old household supplies and shopping less ...
Rolling coverage of the latest economic and financial news ...
The UK economy could be plunged into a recession an “order of magnitude” greater than recent financial crises if America’s ...
Britain faces a downturn far exceeding recent financial crises if American borrowing costs keep climbing through the ...
BRITAIN’S economy could be sent into recession next year if the Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report. The latest EY economic outlook warned that ...
The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. Two days after the unemployment numbers, it was revealed that GDP grew ...
Britain's economy is likely to shrink in 2027 if the Strait of Hormuz does not reopen to ​shipping before the middle of next year, forecasters at ‌accountants EY warned on Monday.