Recession

GDP revised up but UK still stuck in recession • GDP contracting more slowly than first thought at 0.3% • City critical of accuracy of initial ONS estimate Treasury officials have made it clear Alistair Darling was waiting for the second...

In this article: UK, God, Goldman Sachs, Tax, and Tories

UK still gripped by recession BRITAIN remains the last major country in the world mired in recession despite a pick up in the economy. Official figures today showed that output fell by less than expected between July and September. GDP...

In this article: UK, Royal Bank of Scotland, Germany, and France

...Brown to call on Europe to help push for growth Gordon Brown will today demand that Europe unites in a common policy to push for growth that will help pull Britain out of recession. The Prime Minister will claim that investment from...

In this article: Europe, Britain, Gordon Brown, David Cameron, Inflation, Credit crunch, Labour, British Airways, and Daily Telegraph

...out a sixth of UK industry and set unemployment on course to hit three million. Cameron is right that Britain entered this recession with too high a deficit. He is right that the structural bit of the deficit needs to be tackled. He is...

In this article: David Cameron, Britain, Policy Exchange, Norman Lamont, Unemployment, and Labour

...the previous quarter. Experts forecast that the UK will begin its recovery from recession in the final quarter of this year, but the country has lagged behind other developed economies in its climb towards growth. France, Germany, Japan...

In this article: UK, US, Balance sheet, Capital expenditure, Unemployment, and Daiwa Securities

...when delivering a preliminary annual budget report on December 9. Britain has yet to follow the eurozone, France, Germany, Japan and the United States out of recession. Public finances have been severely stretched since late 2007 as the...

In this article: Britain, Gordon Brown, Revenue, Labour, Alistair Darling, Unemployment, and Organisation for Economic Co-operation and Development

As a percentage of retail sales shoplifting in the UK is huge Shoplifting has surged to record levels in the UK, fuelled by the recession, according to a study. The value of retail goods stolen rose 20% to GBP4.88bn in the year to...

In this article: UK, Checkpoint Systems, Europe, IPod, Japan, and US

...optimistic outlook by consumers and businesses, the figures show that Britain's dole queue will lengthen long after many believed the country would shake off the worst of the recession. The OECD yesterday warned that further "substantive"...

In this article: Britain, Unemployment, Labour, Credit crunch, Council of Mortgage Lenders, Organisation for Economic Co-operation and Development, EU, and Gordon Brown

...learning at the expense of vocational skills. When Britain recovers from Labour's recession and Labour's jobs crisis, our country will need people with the skills to meet renewed demand." And Eileen Baxendale, the Liberal Democrat...

In this article: Labour, Glasgow, Nationalists, Liberal Democrat, Michael Martin, and David Kerr