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The Latest Breaking News from Recession

1 Defensive Stock Under $5 to Buy This Week

Despite a slight decline in inflation, the Fed is expected to keep interest rates high, which could tip the economy into a recession next year. Consumer staples businesses like beverages are considered defensive as they witness stable demand amid weak economic conditions. Hence, fundamentally sound beverage maker Ambev (ABEV), trading…

StockNews.com

No-jokes Jeremy Hunt can’t bridge gap between Tory fantasy and reality

The message was that we were screwed for the foreseeable – just forget about who was to blame

The Guardian - UK

Should your digital marketing strategy change in times of recession?

With a recession now confirmed, Edwina Mullins, digital marketing consultant and trainer from SocialB explains why now is the right time to invest in highly measurable digital marketing

The Guardian - UK

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read the most diverse news in one place.

How long will the UK recession last and other top questions about the autumn statement answered

Chancellor Jeremy Hunt’s autumn statement has caused a spike in Google searches about the economy

Wales Online

Autumn statement 2022: experts react

UK chancellor Jeremy Hunt laid out his plans for the British economy today. The statement was made against a backdrop of a more than 40-year inflation high and recession warnings from the Bank of England.

The Conversation

Welsh business leaders and political parties have their say on Autumn Statement

The OBR concluded the UK is now in recession and was facing an increase in unemployment

Birmingham Post

Pound plummets as markets spooked by Tory austerity budget

THE pound has dropped sharply against the US dollar as financial markets fretted over warnings the UK is already in recession and fears Chancellor…

The National (Scotland)

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East Midlands business leaders say Autumn Statement 'high on stealth-creation and low on wealth-creation'

FSB says SMEs 'face even higher taxes, cuts to innovation, and a recipe for a longer and deeper recession'

Birmingham Post

How long will the recession last in the UK?

The answers to some of the top trending questions following the Chancellor’s autumn statement.

The Independent UK

Sacha Lord fears entertainment venues could close ‘at faster rate than in pandemic’ following autumn budget

Chancellor Jeremy Hunt announced further cost of living increases as the UK enters a recession

Manchester Evening News

Pound tumbles against dollar after austerity budget

It was confirmed that the UK is already in recession

Wales Online

How long will the UK recession last?

The government unveiled a series of economic plans to tackle the cost of living crisis and soaring inflation

Manchester Evening News

Will the autumn statement do enough to ease the recession? Our panel’s verdict

The chancellor has presented the government’s economic plans as Britain suffers the highest inflation for 40 years

The Guardian - UK

Rachel Reeves accuses Tories of 'picking pockets' of millions of Brits with Autumn Budget

The Shadow Chancellor Rachel Reeves said Britain 'can longer afford a Conservative Government' after Jeremy Hunt confirmed the UK is now in recession with the economy expected to shrink further in 2023

Daily Mirror

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The Guardian - UK

Worst fall in UK living standards since records began, says OBR

Spending watchdog says Britain is in recession and unemployment will rise by 500,000

StockNews.com

3 Stocks to Buy Before 2022 Comes to an End

With the Fed indicating that the final level of interest rates will be higher than expected, many analysts expect the economy to slip into a recession next year. Since the stock market will likely remain under pressure, investors should consider buying fundamentally strong stocks UnitedHealth Group (UNH), Merck & Co.…

The Independent UK

Recession to wipe out 8 years of rising living standards, Treasury watchdog warns OLD

OBR sets scene for 2024 election, predicting ‘living standards fall 7 per cent over two years, wiping out eight years’ growth’

The Guardian - UK

Hunt unveils tax rises and spending cuts as OBR says eight years of growth to be wiped out

Labour describes autumn statement measures as ‘invoice for the economic carnage’ of disastrous mini-budget under Liz Truss

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Daily Mirror

Jeremy Hunt clobbers ALL Brits with barrage of tax rises and cuts as UK in recession

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Fortune

U.S. policymakers have one last chance to avoid a recession: Find the 1.5 million women who vanished from our workforce

Some 1.5 million women have vanished from the labor force since Feb. 2020. That bothers gender economist Katica Roy–and not for reasons of fairness.

Daily Mirror

UK already in recession and GDP to fall by 1.4% in 2023, Jeremy Hunt says

Office for Budget Responsibility forecast that the UK economy will shrink further next year as Brits face rocketing inflation and cost-of-living crisis

The Independent UK

UK economy now in recession, Jeremy Hunt announces during Autumn Budget OLD

Office for Budget Responsibility says economy is shrinking again

Wales Online

Jeremy Hunt says UK is in recession and 500,000 will lose their jobs

Mr Hunt said unemployment is expected to rise from 3.5% today to 4.9% by 2024

Fortune

Dallas Fed: A bursting housing market bubble could once again plunge us into recession if policymakers aren’t careful

"The possibility of a sharp price correction leading to an economic contraction would further complicate Federal Reserve inflation-fighting efforts" writes the Dallas Fed.

Tribune News Service

Commentary: Denying economic reality doesn’t help struggling Americans

Polls show economic concerns were dominant for many Americans this election season. Unfortunately, voters couldn’t always count on getting accurate reporting about these issues.

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Dipanjan BanchurSince

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