‘UK Economy entered shallow recession in 2023’
Gross domestic product fell 0.3 per cent in the final three months of 2023, following a 0.1 per cent decline in the third quarter, according to data published by the Office for National Statistics…reports Asian Lite News The UK slipped into a technical recession at the end of last year, dealing a serious blow to Rishi Sunak’s pledge to “grow the economy” as the cost of living crisis continued to...