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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 ...
The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
List of recessions in the United Kingdom; Lists of recessions; 0–9. 99ers; 1973–1975 recession; 2014 Brazilian economic crisis; A. 1998–2002 Argentine great ...
In 2022, the nation’s population declined by 800,000, marking the 14th consecutive year of contraction. That limits the country’s ability to grow because it means “fewer people make and ...
Panic of 1837, a U.S. recession with bank failures, followed by a 5-year depression; Panic of 1847, started as a collapse of British financial markets associated with the end of the 1840s railway industry boom; Panic of 1857, a U.S. recession with bank failures; Indian economic crash of 1865
UK GDP falling by 5% over the first year UK unemployment more than doubling to a peak rate of 8.5%. Interest rates spiking to 6% in early 2023 before gradually reducing to under 3.5%.
The term recession is being thrown around a lot. Here are the basics.
The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on February 2, 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.