UK ‘still at risk of technical recession’ despite November growth; oil price hits $80 after Yemen airstrikes – as it happened
by Graeme Wearden from on (#6HSS7)
UK growth rebounded in November, but economists warn that a second quarterly contraction is still a risk
- Full story: UK economy returns to growth amid Black Friday spending lift
- Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade
The 0.2% drop in construction output in November was driven by falling housebuilding activity, Grant Fitzner explains.
The UK economy received a boost from Black Friday spending in November.
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