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This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
Current events; Random article; ... The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
Current events; Random article; About Wikipedia; Contact us; Contribute ... List of recessions in the United Kingdom; Lists of recessions; 0–9. 99ers; 1973–1975 ...
Japan's economy contracted at an annualized pace of 0.4% in the last three months of 2023, causing it to lose its position as the world’s third-largest economy to Germany.
The worst-case scenario imagines inflation peaking at 17% in 2023 and averaging at 11% over three years, UK GDP falling by 5% over the first year, and UK unemployment more than doubling to a peak ...
Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
Current events; Random article; ... United Kingdom industrial disputes and strikes (2022–present) ... List of recessions in the United Kingdom;
[5] [6] In the United Kingdom and Canada, a recession is defined as negative economic growth for two consecutive quarters. [11] Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.