Are We In A Recession 2024 Uk
Are We In A Recession 2024 Uk. By the standard metric, this means that the uk economy was in a shallow recession in the second half of last year. We’ll reveal what a recession is and the causes and.
The uk economy has shifted from a period of stagnation, high inflation and recession to a more welcome environment of apparent growth. The british chambers of commerce (bcc) quarterly economic forecast has slightly upgraded growth expectations for 2024 and 2025, as the recession lasts just two quarters, but strong growth will remain elusive.