Is A Recession Coming In 2024 Uk. The combination of high inflation, falling real wages and a sharp rise in mortgage rates could belatedly push the uk economy into recession by the election year of 2024. While 2023 ended with a technical recession confirmed for q3.
Britain’s economy grew by a slower than expected 0.1% in the third second quarter of 2024, official figures showed today. While 2023 ended with a technical recession confirmed for q3.