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UK economy shrinking: Is a recession inevitable?

  • The UK's GDP fell by 0.1% in January, primarily due to a 0.9% drop in output from the production sector, as reported by the Office for National Statistics .
  • Top economist Vicky Pryce warned that the UK could face a recession if the US economy deteriorates, highlighting potential vulnerabilities.
  • Analysts described the January GDP report as a 'complete disappointment across the board,' indicating concerns about long-term economic growth.
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Evening Standard broke the news in London, United Kingdom on Friday, March 14, 2025.
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