Are We Headed For A Recession In 2024 Uk. — the economy has proven remarkably resilient to all the shocks thrown at it and then 15 years of near zero interest rates undone in 15 months. — the uk should avoid a recession by the skin of its teeth, but another year of stagnation looks likely as the impact of rising household incomes are offset by the growing burden of previous interest rate rises.
— whether 2023 officially ends in recession for the uk or not, there’s no doubt it was a mediocre year. But the latest figures from the ons show the uk economy grew by 0.6% between january and.
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