Read Time:27 Second
Official figures show that the economy saw zero growth between October and December.
The UK has narrowly avoided falling into recession, new figures show, after the economy saw zero growth between October and December.
The economy had shrunk by 0.3% between July and September.
A recession is typically defined as when the economy shrinks for two consecutive three-month periods.
This usually means it is performing badly and companies may make less money and cut jobs, leaving the government with less tax revenue.
Related Topics
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
