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UK recession News

15 Feb 2024

UK Fell In Recession At End Of 2023 As Output Shrank More Than Expected In Q4

The Office for National Statistics estimated that economic activity, as measured by gross domestic product, declined by 0.3% in the fourth quarter of the year from the previous three-month period, with all three main sectors — services, industrial production and construction — down.

04 Jul 2016

Brexit vote shakes up London property market

The aftershocks of Britain`s decision to leave the European Union have hit the property sector over the past week, with a foreign bank freezing loans for buyers and some investors pulling out of commercial deals.

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