{"id":139032,"date":"2023-09-03T16:57:16","date_gmt":"2023-09-03T09:57:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-growth-is-silver-lining-and-clouds-suggest-recession-looms-larry-elliott\/"},"modified":"2023-09-03T17:09:37","modified_gmt":"2023-09-03T10:09:37","slug":"uks-growth-is-silver-lining-and-clouds-suggest-recession-looms-larry-elliott","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-growth-is-silver-lining-and-clouds-suggest-recession-looms-larry-elliott\/","title":{"rendered":"UK\u2019s growth is silver lining \u2013 and clouds suggest recession looms | Larry Elliott"},"content":{"rendered":"


\nThe chancellor says the economy is resilient but forward-looking indictors suggest otherwiseManufacturing is struggling and house prices are sliding. There is precious little money in the kitty for pre-election tax cuts. Inflation is proving hard to shift and strikes by hospital doctors and railway workers are set to continue. The Bank of England is slowly throttling the economy with its increases in the cost of borrowing.Having dodged the recession bullet last year, there are signs the UK may not do so again in the coming months. Any good news from lower energy prices is outweighed by the impact of higher interest rates, the full effects of which have yet to be felt. It is a rotten prospect for a government that is 20 points behind in the opinion polls and has to fight an election by January 2025 at the latest. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK\u2019s growth is silver lining \u2013 and clouds suggest recession looms | Larry Elliott<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The chancellor says the economy is resilient but forward-looking indictors suggest otherwiseManufacturing is struggling and...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139032","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Aas","jetpack-related-posts":[{"id":112724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-extend-rout-in-october-as-protests-escalated-and-economy-mired-in-recession\/","url_meta":{"origin":139032,"position":0},"title":"Hong Kong home prices extend rout in October as protests escalated and economy mired in recession","date":"November 29, 2019","format":false,"excerpt":"\r Home prices in Hong Kong fell for a fifth month in October after an escalation in anti-government protests kept investors at bay despite efforts by the government to shore up the market, the latest official report today shows.\r\rPrices of homes in the secondary market fell by 1.3 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-to-skirt-recession-as-house-prices-drop-joblessness-climbs\/","url_meta":{"origin":139032,"position":1},"title":"UK to 'skirt recession' as house prices drop, joblessness climbs","date":"July 20, 2016","format":false,"excerpt":"\r Theresa May's rapid rise to prime minister will help the UK economy to skirt a recession following the Brexit vote, even as growth slows to the weakest pace since the financial crisis. The EY ITEM Club said the political stability...\r \r Source : nzherald.co.nz\/Property\r Read more...UK to 'skirt recession'\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-set-for-first-decline-since-2016-as-economic-recession-bites-colliers-says\/","url_meta":{"origin":139032,"position":2},"title":"Singapore home prices set for first decline since 2016 as economic recession bites, Colliers says","date":"April 1, 2020","format":false,"excerpt":"\r Singapore\u2019s home prices are poised to fall for the first time in four years as the global coronavirus pandemic is likely to push the city state\u2019s economy into a recession, according to Colliers International.Prices could decline by as much as 3 per cent this year, the property consultancy said,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-recession-for-singapore-at-this-point-in-time-chan-chun-sing\/","url_meta":{"origin":139032,"position":3},"title":"No recession for Singapore \u201cat this point in time": Chan Chun Sing","date":"October 30, 2019","format":false,"excerpt":"\r Singapore\u2019s Minister for Trade and Industry Chan Chun Sing believes that the city-state would not be entering a recession for now, reported CNBC. Often seen as a bellwether for global growth, Singapore\u2019s economy avoided a technical recession this year after expanding by 0.6% during the third quarter from the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-defy-hong-kongs-recession-gaining-in-price-as-larger-homes-continue-to-lose-value\/","url_meta":{"origin":139032,"position":4},"title":"Small flats defy Hong Kong\u2019s recession, gaining in price as larger homes continue to lose value","date":"October 30, 2020","format":false,"excerpt":"\r Small apartments appear to be bucking a downward trend in Hong Kong\u2019s property sector, gaining in price as the city struggles with a crippling recession.The prices of bigger homes and commercial property are falling as the coronavirus pandemic, which followed months of social upheaval, has wrought havoc on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-deal-brexit-would-trigger-lengthy-uk-recession-warns-sp\/","url_meta":{"origin":139032,"position":5},"title":"No-deal Brexit would trigger lengthy UK recession, warns S&P","date":"October 31, 2018","format":false,"excerpt":"\r Credit agency warns of property price falls, unemployment doubling and inflation spiking in latest grim forecastBritain\u2019s economy will suffer rising unemployment and falling household incomes that would trigger a recession should Theresa May fail to secure a deal to prevent the UK crashing out of the European Union next\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139032"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139032"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139032\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}