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Technical recession shows the UK has 'stagflated'

Sophia Panayi, 15/02/2024

The latest figures have revealed that Britain was in a recession at the end of 2023, demonstrating that the UK economy is starting to falter.

Figures from the ONS showed the UK economy contracted by 0.1 percent in December, resulting in GDP dropping by an overall 0.3 percent in the final quartile of 2023.

This follows yesterday’s inflation figures...


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