Is Britain Riding on the Crest of a Slump?
Feb 16, 2024 ·
13m 24s
People spending less, doctors' strikes and a fall in school attendance dragged the UK into recession at the end of last year, official figures show. The economy shrank by a...
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People spending less, doctors' strikes and a fall in school attendance dragged the UK into recession at the end of last year, official figures show.
The economy shrank by a larger than expected 0.3% between October and December, after it had already contracted between July and September.
The UK is in recession if it fails to grow for two successive quarters.
The figures raise questions over whether Rishi Sunak has met his pledge made last January to grow the economy.
What is happening, what's to be done, and what of the future?
show less
The economy shrank by a larger than expected 0.3% between October and December, after it had already contracted between July and September.
The UK is in recession if it fails to grow for two successive quarters.
The figures raise questions over whether Rishi Sunak has met his pledge made last January to grow the economy.
What is happening, what's to be done, and what of the future?
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