Category: Economic growth (GDP)

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Failure to seal post-Brexit deal would more than halve UK growth, says KPMG

Accountancy firm warns of stalled economic recovery without EU trade agreement. Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next… »

Covid-19: UK economy plunges into deepest recession since records began

GDP falls 20.4% – the worst of any G7 nation in the three months to June UK falls into recession – live business update Analysis: a full recovery from the… »

UK economy could shrink by 35% with 2m job losses, warns OBR

Unemployment could hit 10% by end of spring with public borrowing rising at fastest rate since WWII Coronavirus – latest updates See all our coronavirus coverage Britain’s economy could shrink… »

‘Great Lockdown’ to rival Great Depression with 3% hit to global economy, says IMF

Latest World Economic Outlook describes shock of coronavirus pandemic as ‘like no other’ Coronavirus – latest updates See all our coronavirus coverage The International Monetary Fund has slashed its forecasts… »

Brexit: McDonnell says it is ‘inevitable’ Labour will back second referendum – Politics live

Rolling coverage of the day’s political developments as they happen, including Theresa May and Jeremy Corbyn at PMQs and the publication of the government’s official analysis of the economic impact… »

No-deal Brexit would trigger lengthy UK recession, warns S&P

Credit agency warns of property price falls, unemployment doubling and inflation spiking in latest grim forecast Britain’s economy will suffer rising unemployment and falling household incomes that would trigger a… »

Foreign secretary hints he believes same Russian cell behind Salisbury poisoning and Czech explosion The British foreign secretary, Dominic Raab, said the UK stood in “full support” of the Czech… »




No 10 did not say whether Whitty and Vallance backed the move; No 10 won’t commit to Covid inquiry ending before next general election Boris Johnson: inquiry into Covid handling… »