Tue. Nov 19th, 2024

UK economy enters recession as GDP falls 0.3%

UK economy enters recession as GDP falls 0.3%

The UK economy has entered recession as gross domestic product (GDP) shrank 0.3% between October and December - Office for National Statistics (ONS) data shows.

A recession is defined as two consecutive three-month periods where the economy contracts rather than grows.

Read more: https://news.sky.com/topic/uk-economy-5794

#unitedkingdom #recession #economy

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Related Post