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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
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were: taken over or merged with another financial ...
The latest UK economic outlook from KPMG predicts that growth will more than halve to 3.2% this year from 7.4% in 2021, before tumbling to 0.7% in 2023. ... One of the worst recessions in the UK ...
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 ...
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 ...
Recessions may seem like rare instances that only happen in times of severe economic turmoil, but the reality is that they happen more often than you might think. According to the New York Times ...
The average duration of the 11 recessions between 1945 and 2001 is 10 months, compared to 18 months for recessions between 1919 and 1945, and 22 months for recessions from 1854 to 1919. [6] Because of the great changes in the economy over the centuries, it is difficult to compare the severity of modern recessions to early recessions. [7]