Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factor
In the end it wasn’t really that close. The UK economy is now technically in recession after contracting by 0.3% in the final three months of 2023.
The official data brings to an end a miserable year for the UK. Growth in 2023 as a whole was just 0.1% – the weakest performance outside the Covid pandemic year of 2020 since 2009.
Continue reading…Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factorBusiness live – latest updatesIn the end it wasn’t really that close. The UK economy is now technically in recession after contracting by 0.3% in the final three months of 2023.The official data brings to an end a miserable year for the UK. Growth in 2023 as a whole was just 0.1% – the weakest performance outside the Covid pandemic year of 2020 since 2009. Continue reading…