UK Economy: Growth at Risk of Fourth Quarter Contraction
December 13, 2024
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1:53Now PlayingUK Economy: Growth at Risk of Fourth Quarter Contraction
YouTube Description
as posted by the channelUK gross domestic product slipped 0.1% in October, following a 0.1% contraction the previous month, the Office for National Statistics said Friday. Forecasters, who had expected a 0.1% gain, said the economy is now in danger of shrinking in the fourth quarter. Lizzy Burden reports on what this means for the Bank of England, which meets to set interest rates next week.
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