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Region s business leaders say end of recession is no cause for celebration

Region s business leaders say end of recession is no cause for celebration
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UK Economy Grows for a Second Month After Mild Recession

(Bloomberg) The UK economy grew for a second month in February, suggesting a recovery from recession is now under way.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsGross domestic product rose 0.1% from January,

UK trapped in state of stagnation amid fears recession will drag on

Britain’s small and medium sized businesses have not seen any sign of an economic rebound so far this year, raising fears the country will struggle to escape from the recession suffered at the end of 2023.

UK employers business confidence stable in Q1

More than half of firms in the UK (56%) expect to see their turnover increase over the next 12 months, the same as Q4 2023, according to the latest economic survey by the British Chamber of Commerce.

Nearly half of UK companies still plan price increases, survey shows

LONDON (Reuters) – Almost half British firms plan to raise their prices over the coming year as they struggle with high wage bills, according to a survey that underscored why the Bank of England is cautious about cutting interest rates. The British Chambers of Commerce said 46% of its member companies expected to raise prices…

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