UK economy narrowly avoids recession
Business / Fri 10th Feb 2023 at 07:25am
THE UK has narrowly avoided falling into recession, new figures show, after the economy saw zero growth between October and December reports the BBC.
The economy had shrunk by 0.3% between July and September.
A recession is typically defined as when the economy shrinks for two consecutive three-month periods.
This usually means it is performing badly and companies may make less money and cut jobs, leaving the government with less tax revenue.
Liz T was right, the economy and high taxes are damaging not helping. Mind all the money we wasted in response to a cold was not good neither maybe next time media will question what government do rather than demand more of it.