Published 1 year ago

UK economy grows in Q4, avoids recession

Summary by Ground News

Britain's economy grew in the fourth quarter of last year, official data showed on Friday, confirming the country narrowly avoided falling into recession last year. Economic output increased by 0.1% in the October-to-December period from the previous three months. The Office for National Statistics had previously said the economy showed no growth in the fourth quarter of 2022.

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BBC News

UK growth confirms recession avoided in 2022

The economy performed better than previously estimated in the final three months of 2022, new figures show.

1 year ago·United Kingdom

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The Independent

UK economy avoided recession and grew at end of last year, new figures show

The UK economy grew by more than first thought in the fourth quarter of 2022, the Office for National Statistics has said.

1 year ago·London, United Kingdom

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Reuters

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.

1 year ago·United Kingdom

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Irish Independent

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.

1 year ago·Ireland

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The Sun

UK economy avoids recession as GDP unexpectedly inches up 0.1%

THE UK economy grew 0.1% in the final quarter of 2022, the Office for National Statistics (ONS) has said. The ONS previously said that it was estimated to grow 0.0% originally. UK economy grew in the final months of 2022Getty It means the UK has managed to avoid a recession. It means the economy grew slightly when previously it was thought to be shrinking. It indicates the country is not currently in a recession. Darren Morgan, director of eco…

1 year ago·United Kingdom

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RTÉ

UK economy grows in Q4, avoids recession

Britain's economy grew in the fourth quarter of last year, official data showed today, confirming that the country narrowly avoided falling into recession last year.

1 year ago·Ireland

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