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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 ...
Britain’s economy slipped into a recession at the end of 2023 after output contracted by more than expected in the final three months, according to official figures.
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The UK economy is on track to shrink by 1.3% in 2023 amid a recession which is set to last until the end of next year, according to a new economic forecast.
Singapore's export-dependent economy shrank an annualized 6.3% in the third quarter after a revised 5.7% contraction in the second quarter; its first recession since 2002. [47] Growth has faltered in Singapore as a result of less demand for exports, a reduction in tourism, and the end of the real-estate boom. [48]
This is a timeline of British history, comprising important legal and territorial changes and political events in the United Kingdom and its predecessor states. To read about the background to these events, see History of England, History of Wales, History of Scotland, History of Ireland, Formation of the United Kingdom of Great Britain and Northern Ireland and History of the United Kingdom
The US economy could be in a recession right now without Americans knowing it. That’s because the economy isn’t broadly and officially considered to be in a recession until a relatively ...
The UK's share of global manufacturing output had risen from 9.5% in 1830, to 22.9% in the 1870s. It fell to 13.6% by 1913, 10.7% by 1938, and 4.9% by 1973. [257] Overseas competition, trade unionism, the welfare state, loss of the British Empire, and lack of innovation have all been put forward as explanations for the industrial decline. [258]