The cost of living crisis could tip the UK into a mild recession next year, prompting the Bank of England to pause interest rate hikes, according to a new report. Accountancy giant KPMG…
Tag: recession
Cost of living crisis could tip UK into ‘mild recession’ next year
Bank of England likely to pause interest rate hikes next year as cost of living crisis leaves Britain facing ‘mild recession’, KPMG says KPMG sees UK economy growing 3.2% this year, compared to…
HAMISH MCRAE: We Don’t Have To Fear The R-word Of Recession
After the mayhem in the markets there has been a week of calm. The American markets have clawed back a bit of their losses this year, and the Footsie – which had…
HAMISH MCRAE: We don’t have to fear the R-word of Recession
Recession keeps popping up in the commentaries here, in the US and in Europe – but we don’t have to fear the R-word, says HAMISH MCRAE By Hamish Mcrae, Financial Mail On…
Britain’s Economy ‘running On Empty’ As Recession Fears Grow
The economy is ‘running on empty’ as fears grow over a global recession, experts warned yesterday. Businesses are the gloomiest they have been about their growth prospects since May 2020, according to…