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Recession

August 2024

  • People sit on parched grass in Greenwich Park in summer looking north towards Canary Wharf

    Why August is one of the most dangerous months in the financial calendar

    Historically, crises have often erupted in late summer, which is why this week’s mini crash set alarms ringing

June 2024

  • Illustration of liquid made from graph paper being poured from the box that features the words: ‘chancellor of the exchequer’

    14 years of Tory rule – in data
    The economy: how 14 years of Tory rule have changed Britain – in charts

    The effects of austerity, Covid, war and the cost of living crisis are still haunting government and domestic finances

May 2024

  • Shoppers on Oxford Street in central London cross a road under lots of suspended union flags

    UK has moved out of recession, official figures show

  • Britain's Prime Minister Rishi Sunak visit to Oxfordshire<br>Britain's Prime Minister Rishi Sunak and the Chancellor of the Exchequer Jeremy Hunt visit business in Oxfordshire, Britain, May 10, 2024. Jacob King/Pool via REUTERS

    Latest GDP figures offer some better news – but boom-boom Britain it ain’t

April 2024

  • A worker in a car factory in Washington, near Sunderland.

    UK takes another step on path out of recession as GDP rises

  • woman with a soldering iron

    Jump in domestic orders ends two-year UK manufacturing dip

March 2024

  • William Keegan

    William Keegan's in my view
    Rachel Reeves the chess player has an eye on the economic endgame

    William Keegan
  • A photo of a Thames Water employee working in Windsor fixing leaking pipes in July 2023.

    Business live
    Michael Gove has ‘zero sympathy’ for ‘arrogant’ Thames Water in funding crisis – as it happened

  • Shipping containers are unloaded from a cargo ship at the Port of Felixstowe in Suffolk as two people walk a dog on a beach

    Why UK recession may be deeper than two quarters of falling GDP suggest

  • Rishi Sunak visits BAE Systems, Submarines Academy for Skills and Knowledge, in Barrow-in-Furness<br>Britain's Prime Minister Rishi Sunak visits BAE Systems, Submarines Academy for Skills and Knowledge, in Barrow-in-Furness, Cumbria, Britain March 25, 2024. Danny Lawson/Pool via REUTERS

    Blow for Sunak as revised figures confirm UK went into recession last year

  • Bank of England leaves interest rates at 5.25% but signals future cuts

  • Observer business agenda
    The UK economy is a long way from blossoming despite glimmers of hope

  • The UK economy is climbing again – but the road ahead looks rocky

  • Hopes of UK exit from recession boosted as GDP rises in January

  • Fourteen years of Tory economics – ‘major mistakes’ and ‘crisis after crisis’

February 2024

  • The governor of the Bank of England, Andrew Bailey, says he wants more evidence inflationary pressures are easing.

    UK shows signs of recovery from mild recession, says Bank of England

    Bank’s governor predicts Britain’s economy will receive a boost when interest rates start to fall later this year
  • Richard Partington

    To revive Britain from recession the next government must get growth right

    Richard Partington
    Two priorities are tackling entrenched inequalities and – the biggest challenge – addressing the climate crisis
    • The Guardian view on the UK recession: no growth and no ideas either

    • Business live
      Rishi Sunak’s promise to grow the economy ‘in tatters’ as UK enters technical recession – as it happened

    • UK tips into recession in blow to Rishi Sunak

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