UK shoppers are curbing their spending more sharply than expected over non-essential items in September as they felt the hit from sky-rocketing utility bills and higher food prices.

Here are Press TV's latest top stories, 1000 GMT on October 12, 2022

A leading international credit rating agency has warned that the United Kingdom is likely to tip into recession in the last quarter of this year as a result of soaring inflation and a hike in bank interest rates. 

Here are Press TV's latest top stories, 1600 GMT, October 6, 2022

Here are Press TV's latest top stories, 0900 GMT on October 6, 2022

Five weeks into the midterms, a record plunge in the number of job openings has many declaring that the United States is officially in a recession.

The bad economic news in Europe has reached a level where both the IMF and WTO have warned that a worldwide recession is looming.

Germany’s annual rate of inflation hit the highest level since December 1951, amid a looming economic recession.

European economic activity has reduced again this month, according to a new survey, giving rise to fear of a looming recession.

Here are Press TV's latest top stories at 1600 GMT, September 22, 2022.