Sunak’s Economy Campaign Blown as UK Enters Technical Recession

Valentine’s Day is definitely over for Sunak – the relief provided by Labour’s infighting over Gaza may be short-lived. ONS figures released this morning show the UK’s GDP fell 0.3% in the last three months of 2023 (two quarters in a row), with high borrowing costs and the cost-of-living squeeze sending the UK officially into a technical recession last year.[…] Read the rest