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UK recession risk "heightened" according to PMI index figures

The IHS Markit/CPS Purchasing Managers’ Index for the services sector fell in September, indicating that the UK economy may have entered recession.

Economic growth exceeds expectations in July

The UK economy grew quicker than expected in July with a growth rate of 0.3 per cent.

UK economy contracts for the first time in seven years

The Office for National Statistics has revealed that the UK economy has shrunk for the first time since the fourth quarter of 2012, with a 0.2 per cent fall between April and June.

Bank of England cuts growth forecast

The Bank of England has cut its growth forecast for the UK economy over the next two years.

IMF global growth projection down for 2019 and 2020

The International Monetary Fund has reduced its growth projections for the global economy for 2019 and 2020 in a new report.

Car production falls, causing contraction of UK economy

The UK economy has contracted because of “dramatic” fall in car production, according to ONS figures.

UK PLC revenues rise but gap to top companies grows

According to the Share Centre’s latest Profit Watch UK report, revenues for UK plc have grown for the tenth successive quarter, rising by 8 per cent. Despite this growth overall, this rise was not shared evenly across UK companies; profits from the UK’s largest companies grew by 11.2 per cent but those outside this group saw profits fall by 17.6 per cent.

Retail sales rise despite high street troubles

The three months leading up to March 2019 have seen the quantity bought in retail sales rise by 1.6 per cent compared to the previous three months. This first quarter growth has been supported by sustained rises throughout the first three months of the year.

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