Even a technical recession is a headache for Rishi Sunak
by Larry Elliott Economics editor from Economics | The Guardian on (#6JN2H)
Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factor
In the end it wasn't really that close. The UK economy is now technically in recession after contracting by 0.3% in the final three months of 2023.
The official data brings to an end a miserable year for the UK. Growth in 2023 as a whole was just 0.1% - the weakest performance outside the Covid pandemic year of 2020 since 2009.
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