UK narrowly avoids recession in back half of 2022 despite December slump
The British economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts. International: Top News And Analysis
Tag: slump
Bank of England projects worst UK economic slump since 1706
The Bank of England held interest rates at 0.1% on Thursday, but said it stands ready to take further action should the economic crisis caused by the coronavirus pandemic continue to deteriorate. International: Top News…