The UK slipped into a mild recession in the second half of 2023, showing Prime Minister Rishi Sunak has so far failed to meet his pledge to grow the economy. Gross domestic product fell 0.3% in the ...
The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on ...
The UK economy contracted in July, and a major contributing factor was wet weather hitting the construction sector. UK gross domestic product shrank by 0.5% in July, Office for National Statistics ...