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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
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.
Current events; Random article; About Wikipedia; Contact us; Contribute ... List of recessions in the United Kingdom; Lists of recessions; 0–9. 99ers; 1973–1975 ...
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 ...
UK: Affected early European stock markets, during early days of chartered joint stock companies. Bengal Bubble of 1769: 1769 UK: Primarily caused by the British East India Company, whose shares fell from £276 in December 1768 to £122 in 1784. Crisis of 1772: 1772 UK USA: Financial Crisis of 1791–92: 1791 USA
The UK has rarely been self-sufficient in terms of food supply. In 2023, the country was 54–60% self-sufficient in food. [4] [5] In 2022, the country produced enough sheep and milk to be self-sufficient, and almost enough poultry, eggs and cereals, but other foods, such as rice, tomatoes and exotic fruits, had to be imported. [6]
However, the end of the recession in the United Kingdom was declared on 26 January 2010, by which time unemployment stood at nearly 2.5 million. A peak of almost 2.7 million was reached in late 2011. A report by the ONS produced in March 2009 stated that the UK economy shrank by 1.6 percent during the last quarter of 2008, with a 1% drop in ...