UK recession risks linger despite brighter growth data
Jordan Times -

LONDON — The UK economy performed slightly better than thought in the final quarter of last year, revised data showed on Friday, but analysts warned of recession risks as inflation remains sky high. The Office for National Statistics (ONS) said the economy grew 0.1 per cent in the October-December period after an initial estimate showing flat output. Either way, the UK narrowly avoided falling into recession at the end of 2022 despite a cost-of-living crisis. "The economy performed a little more...

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