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United Kingdom Recession News is an EIN News Service for political professionals. Constantly updated news and information about United Kingdom EU Politics.
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Latest United Kingdom Recession News

  • Caravanning renaissance dawns as Britons choose to holiday at home 3 Jul 2009 22:51 GMT
    ... pitch. The willingness to holiday in the UK has been helped by forecasts of a hot summer ... manufacturing business as a result of the economic downturn. Companies acquired by private equity groups during ...

  • The Boardroom Talk Podcast: Government faces grim economic reality 3 Jul 2009 22:51 GMT
    ... they call it the public debt to GDP ratio - at 33% we are amongst ... that with the United States and the UK who are both around 100% and of course Japan ... is about to be reached in the downturn, but the other consensus view, and he ...

  • Desperate BA begins £145m cost-cutting drive 3 Jul 2009 22:51 GMT
    ... Last updated at 10:36 PM on 03rd July 2009 Struggling carrier British Airways has slashed £145million from investment spending for ... BA said the ferocity of the economic downturn had forced it to review its business ...

  • Credit card delinquency jumps to 19 per cent in May 3 Jul 2009 22:50 GMT
    ... Laurie Campbell, executive director of Credit Canada, speaks to ... Jul. 3 2009 6:30 PM ET The recession has fuelled a 19 per cent rise ... dramatically in Alberta (26 per cent) and British Columbia (27 per cent), and, on the ...

  • Japanese Yen: Resumption of the Bull Market ? 3 Jul 2009 22:31 GMT
    ... Until the middle of 2007, the Japanese Yen was ... of higher yielding currencies, ranging from the British Pound to the Australian and New Zealand Dollar ... Japanese Yen on fear of a lasting downturn in the economy" (or some other fear), ...

  • What's Happening in Crude Oil? 3 Jul 2009 22:12 GMT
    ... economy was still struggling to emerge from recession and supply was still plentiful, a rally ... industrial new orders have worsened. In the UK the economy does seem to be closer to recovery and although Q1 GDP reversed going weaker earlier this week, that ...

  • British Airways to cut capacity, delay new planes 3 Jul 2009 22:11 GMT
    ... Story Published: Jul 3, 2009 at 2:56 PM PDT ... at 2:56 PM PDT LONDON (AP) - British Airways PLC announced Friday it will ground ... Airbus A380 superjumbos as it faces a recession-driven decline in passengers. The airline said it ...

  • Eager to Tap Iraq's Vast Oil Reserves, Industry Execs Suggested Invasion 3 Jul 2009 21:50 GMT
    ... Two years before the invasion of Iraq, oil executives and ... non-executive director; John Manzoni, regional president of British Petroleum; and David O'Reilly, chief executive of ... ChevronTexaco and ConocoPhillips compete with Anglo-Dutch Shell, Britain's BP, TotalFinaElf of France, Russia's LUKOIL and ...

  • Airline BA to cut capacity, delay new pl... 3 Jul 2009 21:23 GMT
    ... LONDON -British Airways PLC announced Friday it will ground ... Airbus A380 superjumbos as it faces a recession-driven decline in passengers. The airline said it ...

  • Balli Steel forecasts economic recovery in five phases 3 Jul 2009 21:03 GMT
    ... highlights that global annualised steel production this year ... Balli expects the market in the GCC economies to see a gradual improvement while North ... said: "The credit crunch and global economic downturn has had a 'Tsunami Effect' covering all ...

  • British Airways to cut seats, delay acquiring new planes as recession hits passenger numbers 3 Jul 2009 21:02 GMT
    ... RIGHT NOW: British Airways to cut seats, delay acquiring new planes as recession hits passenger numbers LONDON (AP) — British Airways PLC announced Friday it will ground ...

  • Wage subsidy plea for ailing manufacturers 3 Jul 2009 21:02 GMT
    ... Princess Yachts International shed jobs in the recession. Both the Federation of Small Businesses (FSB) ... and managing director of the Barden Corporation (UK), said: "Wage subsidies are a logical step forward ... forward in the fight against the economic downturn. Preventing redundancies means that firms can retain ...

  • Public sector must learn lessons from BT on dealing with recession 3 Jul 2009 21:01 GMT
    ... That started with the Thatcher reforms of the 1980s ... by Willie Walsh, the chief executive of British Airways. KPMG has moved staff to a ... on racking up debts, burdening our real economy even more. ...

  • British Airways to cut seats, delay acquiring new planes as recession hits 3 Jul 2009 20:42 GMT
    ... British Airways to cut seats, delay acquiring new planes as recession hits LONDON - British Airways PLC announced Friday it will ground aircraft, slash seat ...

  • Farmland proving resilient to the recession 3 Jul 2009 20:22 GMT
    ... The major owners of farmland in the UK include the Crown Estate, the Church of England ... significantly in the run up to the recession, like the rest of the economy, with values up 120pc in parts. However, ...


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