Is A Recession Coming In 2024 Uk

Is A Recession Coming In 2024 Uk. Whether 2023 officially ends in recession for the uk or not, there’s no doubt it was a mediocre year. By the standard metric, this means that the uk economy was in a shallow recession in the second half of last year.

The latest official figures suggest the uk’s economy stalled and then slipped into reverse over the summer, raising the risk that it edged into recession at the end of 2023. The economy grew by 0.6% between january and march, the fastest rate for two.