Gbpusd surely Fall down
The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected.
While a recession was expected ahead of the release, the fourth quarter number was slightly worse despite December performing better than anticipated.
The UK has been flirting with recession for some time but despite the inevitable headlines, today’s data doesn’t change much. The economy isn’t growing,
The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected.
While a recession was expected ahead of the release, the fourth quarter number was slightly worse despite December performing better than anticipated.
The UK has been flirting with recession for some time but despite the inevitable headlines, today’s data doesn’t change much. The economy isn’t growing,