Recession hits the UK! The good, the bad and...
So the UK is officially in a technical recession. I don’t know about anyone else, but it feels like we’ve been in a recession for a long time now given the cost of living crisis, geopolitical tensions, supply chain issues and the hangover we have from the pandemic.
In fairness, the UK economy has been somewhat resilient in the face of all this, yet in February this year it’s been confirmed that GDP has turned red for two consecutive quarters, officially plunging the UK into a technical recession. ...
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