Here we go again. Just as it looked like the recovery was on a firmer footing, and a little smugness had even crept in over Britain growing faster than other big economies, we’re hit with fresh warnings about a slowdown.
Britain’s biggest property website has rebuffed claims that the housing market is heading for a slowdown, with a forecast that prices will soar by 30% over the next five years to average £318,000 in England and Wales and more than £715,000 in London.
George Osborne has said the eurozone risks slipping back into a crisis with negative consequences for the British economy.
Britain's economy slowed in the third quarter of this year, according to a survey by the British Chambers of Commerce (BCC).
Fears that Germany is on the brink of recession intensified after the eurozone’s largest economy suffered its biggest slump in industrial output since the beginning of the financial crisis.
After dismal summer employment numbers, the US added a robust 248,000 jobs to the economy in September, but the unemployment crisis continues as two other key measures are still unnervingly high: long-term unemployment and number of people in jobs they don’t want.
House prices have fallen for the first time in 17 months, dropping by 0.2% in September and providing new evidence that the property market is cooling, according to the latest update from the UK’s biggest building society.
The US economy grew at its fastest rate for two and a half years in the second quarter after a broad-based pick-up in activity, boosting hopes of a sustained recovery.
Confidence is draining from German businesses, with a survey finding sentiment fell for a fifth successive month in September to its lowest level in nearly 18 months.
Goldman Sachs is the latest bank to slash its growth outlook for China as weak economic activity triggers fresh concerns of over slowing growth.
Federal Reserve chair Janet Yellen delivered a speech on the economy at the Economic Club of New York today. In case you missed it, here are the key points:
Fears over the UK’s faltering economic outlook have been underlined by a survey showing a sharp drop in confidence among financial services firms, against the backdrop of the Chinese slowdown and the EU referendum.
Fresh evidence of subdued consumer spending and soft inflation in the US has bolstered expectations that the Federal Reserve will hold back from raising interest rates over the coming months.