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UK economy entered recession last year
short by Hiral / on 29 Mar 2024,Friday
The UK economy entered a shallow recession last year, official data released by the Office for National Statistics confirmed. The country's gross domestic product (GDP) shrank by 0.1% in the third quarter and by 0.3% in the fourth, the data showed. The economy contracted for two consecutive quarters, which is the definition of a technical recession.
short by Hiral / 03:42 pm on 29 Mar
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