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UK financial development, January 2024

Folks stroll alongside Waterloo Bridge previous the Metropolis of London skyline, the capital’s monetary district, on a sunny and gentle day.

Sopa Photographs | Lightrocket | Getty Photographs

U.Okay. gross home product grew 0.2% in January, the Workplace for Nationwide Statistics mentioned Wednesday, coming in step with expectations.

It follows a fall of 0.1% in December.

The U.Okay. economic system entered a technical recession within the remaining quarter of final 12 months.

It is a breaking information story. Please verify again for updates.

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