Tariffs raise recession risk

The Institute for Fiscal Studies (IFS) has suggested the UK could be heading for a recession, warning that a trade deal may not be enough to prevent a slump in economic growth.  Paul Johnson, Director of the Institute for Fiscal Studies (IFS), said “The UK may be heading toward a recession, even if the Government…

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Recession uncertainty hits optimism

Analysis by Lloyds shows that optimism among businesses in London dipped in February, with uncertainty over whether the economy will fall into recession having an impact on confidence. Optimism among the capital’s companies has dipped 19 points to 18%, according to the bank’s business barometer, with this coming in slightly lower than the 21% national…

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