Published 1 month ago

Data confirms UK economy went into recession last year

The UK's economy entered a recession in the past year, with a 0.1% contraction in the third quarter and 0.3% in the fourth quarter.
Despite slight growth in January, the economy still struggles due to the COVID-19 pandemic impact.
The economy in 2023 saw weak growth, with the Bank of England forecasting a minimal 0.25% growth for this year.

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The Guardian

Blow for Sunak as revised figures confirm UK did go into recession last year

Latest estimate from ONS says GDP declined by 0.3% in final quarter of 2023

1 month ago·London, United Kingdom

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The Independent

Britain’s GDP falls by 0.3%, new ONS figures show

The new figures follow a period of no growth between July and September 2023, according to the ONS

1 month ago·London, United Kingdom

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Reuters

Data confirms UK economy went into recession last year

1 month ago·United Kingdom

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Daily Express

Blow to Rishi Sunak as latest figures show the economy is still shrinking

The UK appears to be in recession according to the latest figures published by the Office of National Statistics today.

1 month ago·United Kingdom

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RTÉ

Data confirms UK economy went into recession last year

Official figures confirmed Britain's economy entered a shallow recession last year, leaving Prime Minister Rishi Sunak with a challenge to reassure voters that the economy is safe with him before an election expected later this year.

1 month ago·Ireland

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