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UK economy at risk of recession despite November growth

IndiaTimes Friday, 12 January 2024
The British economy exhibited a marginally stronger growth than anticipated in November, offering a brief respite amid concerns of a looming mild recession. This situation presents a challenge for Prime Minister Rishi Sunak as the nation anticipates an election in 2024. In November, the Gross Domestic Product (GDP) saw a rise of 0.3%, a recovery from the 0.3% decline witnessed in October. This increase slightly surpassed the predictions of economists, who had anticipated a growth of 0.2%.
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