UK banks asked to stress-test their systems against ‘plausible’ global recession - The scenario would see both inflation and interest rates climb to 7 per cent ...
Close to 250,000 people could lose their jobs by mid-2027 as the UK economy teeters on the edge of recession, battered by surging energy costs and shattered supply chains tied to the Iran conflict, ...
(Alliance News) - UK is to "flirt" with recession and unemployment will be sent soaring amid the fallout of the Iran war, according to economic forecasters. The latest Item Club report predicts the ...