UK economy grows in Q4, avoids recession
17 Articles
17 Articles
UK economy avoids recession but businesses still wary
Britain's economy avoided a recession as it grew in the final months of 2022, according to official data which showed a boost to households' finances from state energy bill subsidies but falling investment by businesses.
UK economy avoids recession after growing in fourth quarter of last year
Britain's economy grew in the fourth quarter of last year, official data showed on Friday, with a jump of business at travel agents and state support for soaring energy bills helping the country avoid falling into recession.
UK economy avoids recession after growing in Q4 – ONS
LONDON (Reuters) - Britain's economy grew in the fourth quarter of last year, official data showed on Friday, with a jump of business at travel agents and state support for soaring energy bills helping the country to avoided falling into recession. Economic output increased by 0.1% in the October-to-December period from the previous three months after shrinking by 0.1% in the third quarter, a smaller contraction that previously thought. The …
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