The economy shrank by a larger than expected 0.3% between October and December, after it had already contracted between July and September. The UK is in recession if it fails to grow for two ...
The UK economy officially entered into a recession at the end of 2023, according to data from the Office for National Statistics (ONS). Figures show the economy contracted by 0.3 per cent in the ...
The UK economy will narrowly avoid falling into recession, according to research out today. The Ernst & Young Item Club quarterly forecast said that despite a raft of bleak economic indicators ...
The UK economy grew slightly in February increasing hopes it is on its way out of recession. The economy grew by 0.1%, official figures show, boosted by production and manufacturing in areas such ...
February growth of 0.1% comes despite construction and retail being hit by wet start to year Britain’s economy ... The UK met the technical definition of recession after contracting in the ...
The UK economy grew by 0.1 per cent in February 2024, following a 0.2 per cent rise in January 2024 indicating the UK’s period of technical recession may be short-lived. According to the ONS ...
If the economy expands in the first three months of 2024, the recession can be classed as over, meaning the UK is edging closer towards this goal. "This [data] supports our cautiously optimistic ...
It was the eurozone’s strongest quarterly growth since the third quarter of 2022, lifted by stronger-than-expected growth in ...
Two quarters in a row of an economy shrinking is typically considered the definition of a technical recession. But the revised figures still came below expectations, as some economists had ...