UK economy fell into recession in second half of 2023
Babushahi Bureau
London (UK), February 15, 2024: According to official data released on Wednesday, the British economy shrank by a worse-than-expected 0.3% in the three months leading up to December after contracting by 0.1% between July and September.
As a result, the country's economy entered a recession in the second half of 2023.