What is behind the UK leaving recession and what does it mean?
by Henry Saker-Clark
May 10, 2024
3 minutes
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The UK economy has emerged from recession after official figures revealed growth in the first three months of 2024.
The Office for National Statistics (ONS) estimated that gross domestic product (GDP) grew by 0.6% between January and March.
It meant the economy recovered from a technical recession recorded in the final half of 2023.
Here we look at what the return to economic growth means:
What is a recession?
A recession is defined by two or more quarters
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