UK narrowly avoids recession as penny pinching Brits help GDP grow 0.1 per cent

UK narrowly avoids recession as penny pinching Brits help GDP grow 0.1 per cent

City A.M.

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The UK was not formally in a dreaded recession between October and December, with UK GDP increasing slightly by 0.1 per cent in the fourth quarter of 2022. Latest figures from the Office for National Statistics show the total Gross Domestic Product (GDP) for the economy marginally improved from an initial estimate of “no growth”. [...]

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