NewsBot
13-Nov-22, 08:30
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
First Fall In GDP Since The Pandemic Sets Britain On Course For Quickest Return To Recession In Nearly Half A Century
The UK economy shrank by 0.2 per cent in the third quarter of 2022, setting Britain on course for the quickest return to recession since 1975 and offering sobering backdrop to the Autumn Statement next week, the Resolution Foundation said. While a smaller fall than markets expected, the latest contraction was widespread, with consumer spending shrinking amidst an acute cost-of-living. [Read Full Article (https://caithness-business.co.uk/article/18342)]
First Fall In GDP Since The Pandemic Sets Britain On Course For Quickest Return To Recession In Nearly Half A Century
The UK economy shrank by 0.2 per cent in the third quarter of 2022, setting Britain on course for the quickest return to recession since 1975 and offering sobering backdrop to the Autumn Statement next week, the Resolution Foundation said. While a smaller fall than markets expected, the latest contraction was widespread, with consumer spending shrinking amidst an acute cost-of-living. [Read Full Article (https://caithness-business.co.uk/article/18342)]