The Bank of England set out how it will test the resilience of the market after warnings about its potential threat to the wider economy.

A recession is defined by two consecutive quarters of decline in GDP. Maybe the fourth quarter of last year shouldn’t count. GDP rose 0.7%, but that was a downward revision. And, the current quarter ...

LONDON, May 8 (Reuters) - Global recession risks have shot back up markets' worry list, but the readout from economic data and key financial indicators is not as clear cut as it first appears. A ...

UK banks asked to stress-test their systems against ‘plausible’ global recession - The scenario would see both inflation and interest rates climb to 7 per cent ...