Rachel ClunBusiness reporterPA MediaThe UK's economy shrank unexpectedly in the lead up to the Budget, according to the latest official figures.The economy contracted by 0.1% in October, the Office ...

Michael RaceBusiness reporter, BBC NewsGetty ImagesChancellor Rachel Reeves has refused to rule out future tax rises after the UK economy suffered its worst contraction for a year and a ...

Tom EspinerBBC business reporterGetty ImagesThe UK economy shrank unexpectedly in January, in a blow to the government ahead of its Spring Statement later this month.The economy contracted by 0.1%, ...

A country is considered to be in recession when its economy shrinks for two three-month periods - or quarters - in a row. Typically during a recession, companies make ...