Uncertainty and the ‘r’ word: What exactly is a ‘recession’?

Image of graphs and money, indicating financial markets

Uncertainty and the ‘r’ word: What exactly is a ‘recession’?

In times when the economy appears to be slowing, commentators will inevitably debate whether or not it is moving into ‘recession’. There is, however, no official definition of a recession and the one most commonly used has the potential to be misleading. In this post Darren Morgan reveals why in official statistics the ONS tends to avoid using the ‘r’ word.    

How world events have led to rising immigration

Ukrainian refugees at Lviv railway station

 The 12 months to June 2022 were unique for many reasons. The end of lockdown restrictions in the UK, the first full period following transition from the EU, and world events including the war in Ukraine, the new visa route for Hong Kong British Nationals (Overseas) and resettlement of Afghans have all contributed to record levels of immigration. Here Jay Lindop examines the impact of these events and looks ahead to what the future holds for international migration estimates.

Read more on How world events have led to rising immigration