Sky News
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UK takes first step towards recession as economy contracts in third quarter
Posted
November 11, 2022
Views
40,976
Likes
239
Comments
183
Engagement
1.03%
November 11, 2022
40,976
239
183
1.03%
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3:41Now PlayingThe UK economy contracted by 0.2% in the third quarter, early official figures show, marking the first step towards recession.
The Office for National Statistics (ONS) reported a dip in output for September, leaving gross domestic product (GDP) - a measure of the health of the economy - in negative territory for the July-September period as a whole.
#uk #economy #money
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