To count as a recession, the economy has to have “two consecutive three-month quarters in negative territory”, said The ...

The central bank also cut its estimate of how much capital the UK’s banking sector needs for the first time in a decade, and signaled a consultation that could free up extra lending and higher payouts ...

George Soros became one of the world’s most famous billionaires by placing a single bet against the British pound—one that ...

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Major banks in the UK are resilient and able to support the economy during a downturn, the central bank found.

War with Russia, a global economic recession, AI threatening to make millions of jobs redundant are all things that could ...