recession – India Daily Digital

‘UK Economy entered shallow recession in 2023’

Gross domestic product fell 0.3 per cent in the final three months of 2023, following a 0.1 per cent decline in the third quarter, according to data published by the Office for

March 29, 2024

-Top News·UK News

‘UK recession may already be over’

The economy entered a downturn at the end of 2023, official figures showed last week. However, the Bank of England signalled that there was unlikely to be an imminent interest rate cut…reports

February 21, 2024

-Top News·UK News

‘UK may have slipped into recession in late 2023’

Given the sharp slowdown in price growth, the think-tank expects the BoE to be in a position to start cutting interest rates from the current 5.25 per cent level in May…reports Asian

February 8, 2024

-Top News·UK News

Recession fears hit IT sector

The scenario is more or less the same with global players headquartered in the US and Europe that have a major presence in Bengaluru….reports Asian Lite News Amid gloom against the backdrop

December 18, 2023

Business·Tech Lite·Technology

UK likely in recession, indicates analysis

Economists have predicted that GDP slipped 0.1% in the three months through September, a Bloomberg survey found as of Friday afternoon. The BOE expects unemployment, now 4.3%, to rise to 5.1% by

November 7, 2023

-Top News·UK News

US investors optimistic as Europe exits recession

The Dow’s gains suggest that investors are starting to buy more economically sensitive stocks as recent data show inflation slowing…reports Asian Lite News The Dow, up roughly 6 per cent for the

August 1, 2023

Business·Europe·USA

Eurozone falls into recession

Europe’s economy has been hit by the economic disruption caused by the Ukraine war, which has pushed up energy and food prices…reports Asian Lite News The Eurozone has fallen into recession, new

June 8, 2023

-Top News·Economy·Europe

‘Recession is underway’

If layoffs accelerate in the next few months, a recession “will be underway”, the report said…reports Asian Lite News A recession in 2023 appears inevitable and layoffs in tech and finance will

March 30, 2023

Business·World News

Layoffs continue to deepen amid recession

Social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its workforce due to uncertain market conditions…reports Asian Lite News As layoffs continue to deepen amid recession fears,

March 26, 2023

Business·India News

Rishi in trouble as recession looms

The grim outlook for the year ahead puts the UK far behind its counterparts in the G7 group and the only country expected by the IMF to suffer a year of declining

January 31, 2023

-Top News·London News·UK News