Tag Archives: Double Dip Recession

The UK economy has slowly slided back into recession. Britian is now officially in recession for the first time since 2009. Would this cause panic across the world and fuel another global recession ? The most feared double dip recession will be a reality ? The Office for National Statistics said economic output as measured by gross domestic product fell ... Read More »

It has come as a surprise to many. The Irish economy has actually shrunk by 1.2% while everyone was expecting it grow. The Irish Republic’s economy shrank in the second quarter from the previous three months. Gross domestic product (GDP) fell 1.2%, the Central Statistics Office said. It also revised down its measure of growth in the first quarter to ... Read More »