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The eurozone is heading for recession and inflation is falling.
Britain, say the OECD and others, is heading for recession; unemployment and inflation are edging up.
In an economy heading for recession, that is not a good place to be.
Hours later markets slumped on news that the 18-member eurozone was probably heading for recession.
It seems almost inevitable that the UK is heading for recession.
Savills' woes come amid mounting evidence that Britain is heading for recession.
Similar(35)
In recent weeks many economists have started predicting that Europe is headed for recession.
More likely, this is a false alarm.ECRI has no simple rule for determining when the economy is headed for recession.
The euro area is headed for recession, unemployment is rising and factories are not producing as much as they could.
The four largest economies – the US, eurozone, China and Japan – are all either tepid, slowing or headed for recession.
Asked if the economy was headed for recession, he told a television interviewer, simply, "I don't think so".
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CEO of Professional Science Editing for Scientists @ prosciediting.com