'There is underlying resilience in UK economy,' says chancellor as technical recession is avoided

A recession is generally defined in the UK as two quarters of declining GDP in a row, and the economy contracted 0.2% in the third quarter.

Friday 31 March 2023 07:56, UK

Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter.
Why you can trust Paste BN

Watch Next