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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 could lurch from high inflation into a recession next year with interest rates unlikely to fall until the second half of 2024, economists have warned.
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.
The United Kingdom’s economy shrank in the third quarter of this year, according to revised official data, stoking concerns that it could be heading for a recession. The UK edges closer to ...
The United Kingdom has slipped into recession just months ahead of a general election, official figures showed Thursday, derailing Prime Minister Rishi Sunak’s pledge to generate economic growth.
The United Kingdom has come out of a short and shallow recession, ... the Bank of England now expects UK GDP to grow 0.5% this year, double the pace it forecast in February. By comparison, last ...
The UK will be in a recession until the end of 2023 as triple whammy of high inflation, low growth and weak investment by businesses weighs down the economy.. The Confederation of British Industry ...
Date(s) conducted Pollster Client Sample size Area Lab Con Lib Dems SNP Reform Green Plaid Cymru Others Majority 31 Oct–16 Dec 2024 More in Common: N/A 11,024 GB 228: 222 58 37 72 2 4 26 [a] Hung (Lab 98 short) 2 Nov: Kemi Badenoch is elected leader of the Conservative Party: 4 Jul 2024 2024 general election – UK 411: 121 72 9 5 4 4