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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 ...
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View history; Tools. Tools. move to sidebar hide. Actions Read; Edit; ... List of recessions in the United Kingdom; Lists of recessions; 0–9. 99ers; 1973–1975 ...
Pages in category "Great Recession in the United Kingdom" The following 12 pages are in this category, out of 12 total. This list may not reflect recent changes .
This article lists successive British governments, also referred to as ministries, from the creation of the Kingdom of Great Britain in 1707, continuing through the duration of the United Kingdom of Great Britain and Ireland from 1801 to 1922, and since then dealing with those of the present-day United Kingdom of Great Britain and Northern Ireland.
A tent city in Sacramento, California was described as "images, hauntingly reminiscent of the iconic photos of the 1930s and the Great Depression" and "evocative Depression-era images." [18] According to economist Irving Fisher, the two dominant factors in a depression are over-indebtness to start with and deflation soon after. [19]
January 23, 2009: United Kingdom; The UK officially enters the recession as GDP fell by 1.5% in the last quarter of 2008 following a 0.6% drop in the third quarter, [66] with unemployment growing by 131,000 to 1.92 million (6.1%) in the three months leading to November 2008. [67] The British economy only grew 0.7% in 2008, the weakest growth ...
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 ...