UK on verge of long recession after economy shrank by 0.2%
UK on verge of long recession after economy shrank by 0.2%
Inflation is on the rise and the economy is shrinking – is this the start of a long slump? (Picture: Getty)
The economy shrank by 0.2% between July and September in what is predicted to be the start of a long recession.
Bank of England forecasters set out their fears earlier this month that the UK could be on the brink of the longest period of contraction on record.
Now data from the Office for…
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