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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 ...
Japan's economy contracted at an annualized pace of 0.4% in the last three months of 2023, causing it to lose its position as the world’s third-largest economy to Germany.
Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
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%. Housing market crash with property prices plummeting ...
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UK: Affected early European stock markets, during early days of chartered joint stock companies. Bengal Bubble of 1769: 1769 UK: Primarily caused by the British East India Company, whose shares fell from £276 in December 1768 to £122 in 1784. Crisis of 1772: 1772 UK USA: Financial Crisis of 1791–92: 1791 USA