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UK Recovering Faster Than Expected After Slipping Into Technical Recession: IMF
The UK economy fell into a technical recession in the second half of 2023. A technical recession is often defined as two consecutive quarters of negative growth in the real GDP. The fall in GDP in ... Read More
Economy in crisis: UK teeters on edge of stagflation as services sector shrinks for first time in 18 months
Troubling signs are emerging for the UK economy as pressure builds on businesses at home and abroad. New figures suggest confidence is wavering and conditions are becoming harder for key sectors. The ... Read More
How fast is the UK's economy growing and what is GDP?
When GDP is falling, it means the economy is shrinking - which can be bad news ... UK grew strongly in the first half of 2024, when the economy was rebounding from the brief recession at the end ... Read More
What is a recession? Gordon Brown warns Trump is pushing the world towards recession
The most recent recession was at the end of 2023, when the UK economy contracted by 0.3 per cent in three months. However, this wasn’t as severe as other recessions. GDP fell by 2.2 per cent ... Read More
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