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Bank of England set to tip UK into recession by year-end, say economists

Starting in the 4th quarter, the recession will cost over 1 per cent of economic output ....

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UK economy takes bigger-than-expected hit from winter strikes

However, readings also show the economy is unlikely to shrink in the first quarter ....

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Bank of England makes historic rate hike despite 'very challenging' outlook

The central bank forecasts inflation will hit a 40-year high of around 11% ....

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Economic, climate, security crises questions loom as global finance chiefs set to meet

The IMF and World Bank meetings will be in-person for the first time since early 2020 ....

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UK announces major tax cuts: Income and corporate tax deductions, stamp duty cuts

Changes to income tax, corporate tax, stamp duty among significant tax announcements made ....

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