However, with no growth recorded in Q4 2024, if GDP remains the same or falls in the first three months of 2025 then the UK will be in a technical recession. GDP stands for gross domestic product.

What is the outlook of the GBP/USD exchange rate ahead of the upcoming Bank of England and Federal Reserve decision?

There are some more, well, odd, areas professional and air-chair economists will track to see if it indicates consumers are pulling back on their discretionary spending, which means a recession ...

A recession is defined as two successive quarters of decline in GDP – the common measurement of the size of a country’s economy. In the UK, it is measured in sterling and is a calculation of ...

The GBP/USD weekly forecast is positive despite the paused rally, as escalating US recession fears weigh on the greenback.

The City of London is being "stalked" by fears of a recession as official figures show the UK economy shrank by 0.1% in January in a blow to Labour's growth ambitions. The unexpected contraction ...

Britain's economy will grow more slowly than previously expected in 2025 and 2026 as global growth is hit by uncertainty, the ...