Are We Still In A Recession 2024 Uk. 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,. The uk economy exited last year’s technical recession with faster than expected growth of 0.6 per cent for the first quarter of 2024, providing welcome economic news for rishi.
The market rally has been significant since the august lows, with the s&p 500 up 9%, nasdaq up 11%, and dow jones gaining over 2,000 points. The likelihood of a uk recession in 2024 is uncertain, with predictions ranging from significant recessions to modest growth.
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