Is The Uk In A Recession 2024. The united kingdom slipped into a technical recession in the second half of last year after its economy registered two consecutive quarters of negative economic growth, official figures have. Britain's economy has shown signs of starting 2024 on a stronger footing, with monthly gdp growth of 0.2% in january, and unofficial surveys suggesting growth continued.

The famed economist who predicted the 2008 recession fears history may be repeating itself, but this time cites a different catalyst for a possible economic downturn. Most economists said the economy would at least return to growth by the end of the year as inflation ebbs, with paul dales, at the consultancy capital economics, asserting: